Palm eases ahead of holidays despite stronger Chicago soyoil

Malaysian palm oil futures fell on Tuesday ahead of the Lunar New Year holidays, despite support from stronger Chicago soyoil prices.
The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 12 ringgit, or 0.28%, to 4,206 ringgit ($958.09) a metric ton in early trade.
The contract rose 0.67% over last two sessions.
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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