Palm oil futures dip, tracking weakness in rival edible oils
Malaysian palm oil futures fell Friday as rival edible oils weakened on Dalian and Chicago, but the benchmark stayed on track for a weekly gain.
Malaysian palm oil futures fell on Friday, pressured by weakness in rival edible oils on the Dalian and Chicago exchanges, though the benchmark contract was still headed for a weekly gain. The benchmark palm oil contract (FCPOc3) for December delivery on the Bursa Malaysia Derivatives Exchange was down as rival edible oils softened.