Palm oil futures for August delivery on the Bursa Malaysia Derivatives Exchange dropped 1.9 percent to 2,481 ringgit ($605) per tonne at the close of trade on Tuesday.
* Malaysian palm oil futures rebounded on Tuesday, up from a five-month low touched in the previous session, tracking a revival in soyoil on the Chicago Board of Trade.
* U.S. wheat prices climbed on Tuesday in a light rebound from multi-month lows set on Monday, although forecasts for much-needed rains in the Plains wheat belt kept a lid on gains, analysts said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
