Malaysian palm oil price sees sharpest fall in 3-weeks on weaker related oils


Malaysia palm oil futures ended Thursday's trade lower, shedding more than 1 percent as sentiment tracked the softer performance of rival oils in Dalian and on the Chicago Board of Trade.

KUALA LUMPUR: Malaysian palm oil futures suffered the sharpest drop in three weeks on Thursday evening after a third straight session of losses, tracking weaker edible oils such as soyoil on the Chicago Board of Trade (CBOT).

Declines in soyoil and palm olein on China's Dalian Commodity Exchange also weighed on palm prices.

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palm oil , price , cpo , Bursa , futures , derivatives , market , Dalian ,

   

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