Malaysian palm oil futures fell over 1 percent on Thursday after three consecutive sessions of gains, on expectations of rising inventory levels and technical selling.
KUALA LUMPUR: Malaysian palm oil futures notched up a second day of gains on Wednesday, climbing to a five-week high, buoyed by firm soyoil on the Chicago Board of Trade and expectations of lean production growth in October.
The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percent at 2,260 ringgit ($544.71) a tonne at the end of the trading day.
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