Malaysian palm oil falls, tracking rivals

Source:  Business Recorder

Malaysian palm oil futures declined for a third session on Tuesday, tracking rival vegetable oils in the Dalian and Chicago markets, while investors await export data.

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange lost 8 ringgit, or 0.19%, to 4,297 ringgit ($968.23) a metric ton by 0306 GMT.

Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.

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