KUALA LUMPUR: Malaysian palm oil futures edged lower in early trade on Wednesday, weighed down by weaker overnight soyoil on the U.S. Chicago Board of Trade (CBOT) and a fall in oil prices.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was last down 0.4% at 2,000 ringgit ($480.31) per tonne.
The Chicago July soybean oil contract had fallen 0.6% on Tuesday, and was last slightly down 0.1%.
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