Malaysian palm oil futures dipped on Tuesday evening, hitting their lowest in a week and tracking overnight losses in related edible oils such as soyoil on the U.S. Chicago Board of Trade and China's Dalian Commodity Exchange
KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Friday, charting a second day of losses, weighed down by weaker overnight soyoil on the U.S. Chicago Board of Trade (CBOT) and profit booking.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was down 1.3 percent at 2,157 ringgit ($516.15) a tonne at the close of trade.
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