KUALA LUMPUR: Malaysian palm oil futures fell to a one-month low late on Monday, charting a second consecutive session of declines weighed down by expectations of weaker demand and stronger than expected output levels in the coming weeks.
Traders also said the market was under pressure from a stronger ringgit, which usually makes the edible oil more expensive for foreign buyers. The ringgit gained 0.3 percent against the dollar on Monday evening at 4.0650.
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