The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was last down 0.4% at 2,192 ringgit ($524.90) per tonne in the evening, charting a second day of losses after seven previous session of wins. The market, however, is up 0.6% for the week for a second straight week of gains.
KUALA LUMPUR: Malaysian palm oil futures reversed earlier gains to fall at the close of trade on Friday, tracking related edible oils on China's Dalian Commodity Exchange which erased some gains.
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was last down 0.4% at 2,192 ringgit ($524.90) per tonne in the evening, charting a second day of losses after seven previous session of wins.
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