Palm oil opens lower on China’s anti-dumping probe, fall in Indian imports
Malaysian palm oil futures opened down on Wednesday, after China announced it would start an anti-dumping probe into canola imports from Canada and a drop in India’s palm oil imports.
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 35 ringgit, or 0.89%, to 3,896 ringgit ($895.43) a metric ton, as of 0231 GMT.
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