Malaysian palm oil futures slip after no export duty waiver
Malaysian palm oil futures fell more than 1% on Friday after the government did not announce an expected export duty waiver in its Budget, while the contract still posted a first weekly gain in three weeks.
Malaysian palm oil futures slipped more than 1% on Friday after the government did not announce an expected export duty waiver in its Budget. The benchmark palm oil contract (FCPOc3) for October delivery on Bursa Malaysia fell, even as it posted its first weekly gain in three weeks.