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Malaysian palm oil futures fell on Wednesday, snapping three days of gains. The decline followed forecasts of rising inventories, weaker crude oil and a market correction.
The November contract closed down 0.3% at 2,291 ringgit a tonne.
Expectations of higher stocks and weaker crude point to lower palm oil prices, which can weigh on related vegetable oils.
thestar.com.myThe Star OnlineSep 5, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
