Palm Oil Futures Fall More Than 3% on Stockpile Worries
Malaysian palm oil futures extended losses for a sixth straight session on Tuesday as concerns about rising inventories ahead of key industry data weighed on sentiment. Bargain buying helped limit the decline.
Malaysian palm oil futures slid over 3% on Tuesday, extending losses for a sixth straight session, as concerns over rising inventories ahead of key industry data weighed on sentiment, although bargain buying helped limit the decline.The benchmark palm oil contract (FCPOc3) for January delivery on t…