Palm oil lower

Published Oct 17, 2012 12:09am

KUALA LUMPUR, Oct 16: Malaysian palm oil futures ended slightly lower on Tuesday after top industry analysts projected weaker prices and as investors digested news that export tax cuts will only take effect next year.

At the close, the benchmark January contract on the Bursa Malaysia Derivatives Exchange fell 0.2 per cent to 2,466 ringgit per ton.—Reuters


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