Malaysian palm oil price falls from 2-week high on profit taking


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

KUALA LUMPUR: Malaysian palm oil futures fell from a two week high in evening trade on Thursday, charting a first session of losses in five, on the back of profit taking activities.

The market was earlier up on a weaker ringgit, but a sharp decline in crude oil prices capped gains.

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