Malaysian palm oil futures rose to their highest in two weeks on Monday in a fourth consecutive session of gains, tracking other edible oils and on forecasts of lower end-stocks in Indonesia.
KUALA LUMPUR: Malaysian palm oil futures fell for a third straight day on Wednesday, tracking losses in soyoil overnight on the Chicago Board of Trade (CBOT).
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange ended down 0.3 percent at 2,637 ringgit ($613.68) but recovered some earlier losses after being down over 1 percent at the midday break. It touched a low of 2,608 ringgit, the weakest since Aug. 8.
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