Malaysian palm price slips on caution ahead of Dec data release

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 on Monday, a second drop in four sessions, as traders remained cautious over official data due to be released by the industry regulator this week.

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange closed down 0.6 percent to 2,160 ringgit ($524.78), while trading volumes stood at 30,366 lots of 25 tonnes each.