Palm oil prices fall as Asian risk-off tone grows
Palm oil prices ended lower amid broader risk-off tone in Asian markets. Analysts at Kenanga Futures cited rising crude oil prices driving inflation concerns and tighter monetary policy expectations.
Palm oil prices ended lower amid a broader risk-off tone in Asian markets, as rising crude oil prices stoked inflation concerns and expectations for tighter monetary policy, says Kenanga Futures analysts in a note.
Upcoming U.S. employment data would provide further clues on the interest-rate outlo…