Malaysian Palm Oil Futures Hit Four-Month Low on Stockpile Expectations
Malaysian palm oil futures extended losses for a third session, reaching a four-month low as expectations of record-high stocks and weaker Dalian palm olein pressured the market.
Malaysian palm oil futures extended losses for a third straight session on Wednesday, falling to a four-month low, as expectations of record-high stockpiles and weaker Dalian palm olein pressured the market.The benchmark palm oil contract (FCPOc3) for January delivery on the Bursa Malaysia Derivati…