SINGAPORE: Malaysian palm oil futures ended at a more than four-month low on Monday, extending losses for a sixth straight session, hurt by a fall in Indonesian exports and weaker soyoil prices.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange fell 285 ringgit, or 7.8%, to 3, 378 ringgit ($821.30) a tonne, its lowest since Feb. 5.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
