Palm oil falls on weaker Dalian oils, profit taking
JAKARTA: Malaysian palm oil futures fell on Wednesday after two straight sessions of gains, tracking weaker Dalian vegetable oils and profit-taking as palm oil’s narrower discount to soyoil weighed on the market. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange lost 51 ringgit, or 1.07%, to 4,697 ringgit ($1,150.38) a metric ton at close. “The CPO…
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