Malaysian palm oil price falls most in a week on slower exports

Malaysian palm oil futures fell 1 percent on Friday, ending four straight days of gains on forecasts for rising production in March.

KUALA LUMPUR: Malaysian palm oil futures saw their sharpest fall in a week on Tuesday evening, snapping two sessions of gains, due to slowing demand.

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 0.6 percent at 2,277 ringgit ($566.28) per tonne at the close of trade, its biggest daily drop since June 19.