JAKARTA: Malaysian palm oil futures fell for a fifth consecutive session on Monday, after they tracked weaker rivals and as market participants awaited July export data, although the contract was set for a monthly gain.
Palm oil ends week lower on stronger ringgit
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange shed 2.07% to 3,923 ringgit per tonne in the early trade, its weakest levels in nearly two weeks.
So far this month, the contract has risen 3.43%.
Source: Brecorder
