Malaysian palm oil price falls over 1% to near 6-week low on output concerns
KUALA LUMPUR: Malaysian palm oil futures dropped over 1 percent at the close of trade on Tuesday, hitting their lowest levels in nearly six weeks, pressured by weaker soyoil prices and a forecast that February palm output will be higher than usual. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 1.4 percent at […]
Read More