(Bloomberg) -- Palm oil futures in Malaysia, the
global benchmark, fell for a second day after the Malaysia
Derivatives Exchange raised trading margins, adding to concerns
among some investors that higher prices may curb overseas demand.
The price, which rose to a record 2,764 ringgit ($797) a
metric ton on June 6, fell yesterday after the exchange raised
margins by as much as 43 percent from today. Palm oil shipments
to China may have dropped by about a quarter this month.
Read more at Bloomberg Commodities News
global benchmark, fell for a second day after the Malaysia
Derivatives Exchange raised trading margins, adding to concerns
among some investors that higher prices may curb overseas demand.
The price, which rose to a record 2,764 ringgit ($797) a
metric ton on June 6, fell yesterday after the exchange raised
margins by as much as 43 percent from today. Palm oil shipments
to China may have dropped by about a quarter this month.
Read more at Bloomberg Commodities News
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