Malaysian palm oil price falls as rival oils decline in late trade


Malaysian palm oil futures fell on Friday, ending a four-day winning streak, as soyoil's weak performance on the Chicago Board of Trade (CBOT) weighed.

KUALA LUMPUR: Malaysian palm oil futures gave up early gains to close slightly lower on Wednesday, tracking weakness in related edible oils in Chicago and on China's Dalian Commodity Exchange.

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed down 0.1 percent at 2,581 ringgit ($601.35) a tonne.

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palm oil , commodities , plantations , price , cpo , Dalian , soioil , stocks ,

   

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