KUALA LUMPUR: Malaysian palm oil futures dropped from an eight-week high on Thursday, falling as much as 1.4 percent in the second half of trade, weighed down by weaker soyoil on the U.S. Chicago Board of Trade (CBOT) and profit taking.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was down 0.7 percent at 2,183 ringgit ($522.75) a tonne at the close of trade.
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