The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed down 28 ringgit, or 0.72%, at 3, 864 ringgit ($922.42) a tonne, after rising as much as 1.8% earlier.
KUALA LUMPUR: Malaysian palm oil reversed early gains to end lower on Monday, snapping a three-day rally, as crude oil prices fell but better than expected July 1-10 exports capped losses.
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed down 28 ringgit, or 0.72%, at 3, 864 ringgit ($922.42) a tonne, after rising as much as 1.8% earlier.
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