BEIJING: Malaysian palm oil futures dropped for a fourth consecutive day on Wednesday to their lowest levels in nearly six weeks after cargo surveyors forecast a decline in June exports so far.
Malaysian palm oil falls to six-week low on poor exports
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange slid 14 ringgit, or 0.3%, to 3,845 ringgit ($817.22) a metric ton during early trade, its lowest since May 17.
Source: Brecorder
