CPO dips on worries of new Covid-19 cases


The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange dropped to 2,346 ringgit a tonne by 0256 GMT.

KUALA LUMPUR: Malaysian palm oil futures fell 0.42% on Wednesday, as concerns over rising new Covid-19 coronavirus infections weighed on investors' mood.

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange dropped to 2,346 ringgit a tonne by 0256 GMT.

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crude palm oil , Covid-19 , importers , stocking up

   

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