Malaysia palm oil slips over 2% on stronger ringgit

KUALA LUMPUR: Malaysian palm oil futures fell on Monday, weighed by a strengthening ringgit and weakness in competing vegetable oils.

Malaysian palm oil futures jump

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 93 ringgit, or 2.17%, to 4,194 ringgit ($914.72) a tonne in early trading.

Source: Brecorder

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