Asia Biofuels Update: Palm Oil Slips on Weak Crude Oil; Weekly Loss Recorded
() -- Malaysian palm oil futures on Friday fell and posted weekly losses, as crude oil prices continued to decline while the local currency firmed, eroding export competitiveness. The Bursa Malaysia Derivatives' August crude palm oil contract slipped 0.45% to 4,458 Malaysian ringgit ($1,097.17) per metric ton, and lost