Malaysian palm oil futures slide on profit-taking, weak export demand
Malaysian palm oil futures fell after a two-session rally as traders booked profits and export demand stayed sluggish. The benchmark FCPOc3 November contract slipped 21 ringgit, or 0.42%, to 4,952 ringgit.
Malaysian palm oil futures slipped on Wednesday after a two-session rally, as traders locked in profits and sluggish export demand weighed on the market.The benchmark palm oil contract (FCPOc3) for November delivery on the Bursa Malaysia Derivatives Exchange slid 21 ringgit, or 0.42%, to 4,952 ring…