The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 0.6% at 1,955 ringgit ($472.79) per tonne by the close of trade. It earlier fell as much as 1.5% to 1,938 ringgit, matching Tuesday's intraday low that was the weakest level since August 2015.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets .on Thursday April 25.
FUNDAMENTALS
* Malaysian palm oil futures recouped earlier losses to close flat at the end of the trading day on Wednesday, helped by gains in the U.S. soyoil and on prospects of improving export demand.
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