Palm opens lower on weaker Dalian soyoil, crude oil prices
Malaysian palm oil futures opened lower on Tuesday, snapping two consecutive sessions of gains, pressured by weaker rival Dalian soyoil and crude oil prices.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange slid 22 ringgit, or 0.57%, to 3,811 ringgit ($906.30) a metric ton in early trade.
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