Palm extends decline on lower crude prices, weak rival oils

KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday, extending losses from the previous session, dragged down by weakness in rival oils and crude oil prices.

Malaysian palm oil erases early gains

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 27 ringgit, or 0.63%, to 4,286 ringgit a metric ton during early trade.

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Source: Brecorder