Malaysian palm oil futures fell on Friday, ending a four-day winning streak, as soyoil's weak performance on the Chicago Board of Trade (CBOT) weighed.
JAKARTA: Indonesian exports of crude palm oil likely inched down in September from the month before, while output in the world's top producer of the commodity increased, a Reuters survey showed.
The drop in shipments came after key buyer India in mid-August doubled import duty on the vegetable oil to 15 percent.
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!
