Malaysian palm oil price falls on weaker export data; output seen to improve

Malaysian palm oil gave up its early gains on Thursday, declining towards the end of the trading day as rallies of rival vegetable oils on China's Dalian Commodity Exchange slowed and palm export demand weakened

KUALA LUMPUR: Malaysian palm oil futures on Monday slipped to a second session of declines in three on weaker export data, while March output is expected to improve from a month ago.

Benchmark palm oil futures for June delivery on the Bursa Malaysia Derivatives Exchange were down 0.8 percent at 2,780 ringgit ($628.25) a tonne in the evening.