Malaysian Palm Oil Futures Slip 0.49% as Crude Weakens
The January Malaysian palm oil futures contract fell 23 ringgit, or 0.49%, to 4,658 ringgit, while firmer edible oils limited losses.
Malaysian palm oil futures edged lower on Monday, weighed down by weaker crude oil prices, although firmer edible oils capped the losses.The benchmark palm oil contract (FCPOc3) for January delivery on the Bursa Malaysia Derivatives Exchange slid 23 ringgit, or 0.49%, to 4,658 ringgit ($1,148.99) a…