Malaysian palm oil price slides over 2% on expectations of rising output


Malaysian palm oil futures saw their sharpest fall in seven weeks on Friday evening, weighed down by weak export demand and losses in related edible oils on the U.S. Chicago Board of Trade and China's Dalian Commodity Exchange.

KUALA LUMPUR: Malaysian palm oil futures fell more than 2 percent on Tuesday evening to a one-month low on expectations of rising production.

Futures were also under pressure due to the Chinese-U.S. trade dispute and weakness in related edible oils, traders said.

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