Benchmark palm oil futures for June delivery on the Bursa Malaysia Derivatives Exchange fell 2.1 percent to 2,771 ringgit ($625.93) a tonne, retreating from the near two-week high of 2,839 ringgit hit in the previous session. Traded volumes stood at 51,723 lots of 25 tonnes each at the end of the trading day
KUALA LUMPUR: Malaysian palm oil futures on Thursday registered their sharpest daily fall in nearly two weeks, weighed down by weaker-performing related edible oils and a technical sell-off.
Benchmark palm oil futures for June delivery on the Bursa Malaysia Derivatives Exchange fell 2.1 percent to 2,771 ringgit ($625.93) a tonne, retreating from the near two-week high of 2,839 ringgit hit in the previous session.
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