Palm oil futures slip amid weaker rival edible oils and crude
Malaysian palm oil futures closed lower on Friday, tracking declines in rival edible oils on Dalian and Chicago and crude oil, but still logged a weekly gain of 1.7%.
Malaysian palm oil futures finished lower on Friday, pressured by weakness in rival edible oils on the Dalian and Chicago exchanges and by crude oil. The benchmark contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 38 r… Despite the decline, the contract ended the week higher.