Malaysian palm oil futures fell to their lowest in nearly three years on Friday evening in a fourth session of losses, tracking declines in related edible oils.
KUALA LUMPUR: Malaysian palm oil futures were down on Friday evening after official data release showed a rise in production, though losses were capped as the gain in stockpiles was below market expectations.
Industry regulator the Malaysian Palm Oil Board (MPOB) reported a 1.3 percent monthly rise in July inventory levels to 2.21 million tonnes.
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