Malaysian palm oil price falls to near 2-week low on low export demand

Malaysian palm oil futures jumped by more than 1 percent to its highest in nearly a month on Tuesday, extending gains into a third session on strength in related edible oils and earlier weakness in the ringgit.

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday to their lowest in nearly two weeks in the second half of trade, tracking losses in U.S. soyoil and on weak export demand.

Also, weighing on sentiment was weakness in the Indian rupee which has made imports expensive for local buyers in the South Asian nation.