KUALA LUMPUR: Malaysian palm oil futures fell again on Thursday in its sharpest daily decline in a week on bearish production and inventory forecasts for August, while weakness in related edible oils also weighed.

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 0.6pc at 2,277 ringgit a tonne at the close of trade. The traded volume stood at 26,289 lots.

Published in Dawn, September 7th, 2018