Palm oil falls for fifth straight day as rival oils decline


SINGAPORE: Malaysian palm oil futures fell for a fifth consecutive session on Friday, as they tracked losses in rival oils on the Dalian Commodity Exchange and the Chicago Board of Trade (CBOT).

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange fell 72 ringgit, or 1.9%, to 3, 773 ringgit ($917.22) a tonne during early trade.

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