Malaysian Palm Oil Futures Fall More Than 2% to Near Eight-Month Low
Malaysian palm oil futures fell more than 2% on Thursday, closing near an eight-month low amid concerns over potentially larger-than-expected stocks and output and weaker rival vegetable oils.
Malaysian palm oil futures slipped more than 2% on Thursday to close near an eight-month low as concerns over potentially larger-than-expected stocks and output, alongside weaker rival vegetable oils, pressured the market.The benchmark palm oil contract (FCPOc3) for January delivery on the Bursa Ma…