Malaysian palm oil futures ease on weaker rival edible oils
Malaysian palm oil futures opened lower Wednesday after a two-session rally, pressured by weaker rival edible oils. November benchmark FCPOc3 slid 33 ringgit as stronger crude oil prices provided some support.
Malaysian palm oil futures opened lower on Wednesday after a two-session rally, weighed down by weaker rival edible oils, though stronger crude oil prices lent some support.The benchmark palm oil contract (FCPOc3) for November delivery on the Bursa Malaysia Derivatives Exchange slid 33 ringgit, or…