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December palm oil futures on Bursa Malaysia fell 35 ringgit (0.75%) to 4,629 ringgit/ton by midday, lowest in eight weeks, as Dalian soy and palm oil eased and expectations of higher September inventories weighed.
Benchmark December palm oil on Bursa Malaysia was down 21 ringgit, or 0.45%, at 4,643 ringgit a ton by 0232 GMT.
Benchmark December contract fell 9 ringgit to 4,663 ringgit a ton at the close; rival soyoil and palm oil prices in Dalian also eased.
By Bernadette ChristinaMalaysian palm oil futures dropped for the second consecutive session on Monday, tracking rival vegetable oils on Chicago and Dalian exchanges, though stronger crude prices and a softer ringgit capped losses.The benchmark palm oil contract (FCPOc3) for December delivery on th…
Benchmark December contract on Bursa Malaysia fell 13 ringgit to 4,659 ringgit a metric ton.
By Bernadette ChristinaMalaysian palm oil futures fell for a second straight session on Monday, weighed down by weaker rival vegetable oils in Chicago and Dalian, though losses were limited by stronger crude oil prices and a softer ringgit.The benchmark palm oil contract (FCPOc3) for December deliv…