Harvesting oil palm fruit bunches is a skilled job that cannot be automated and relies heavily on manual labour. Photo: Malaysian Palm Oil Council
KUALA LUMPUR: Malaysian palm oil futures were lower on Thursday evening, tracking the weakness in rival edible oilseeds and recording a second straight day of losses.
The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 1.5 percent to 2,705 ringgit ($639.48) a tonne at the close of trade.
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