KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday on demand worries after top buyer India imposed a three-week lockdown to stem the spread of the coronavirus, but supply concerns after Malaysia suspended some palm operations capped losses.The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slid 13 ringgit, or 0.51 per cent, to 2,341 ringgit ($530.72) per tonne during early trade.
Palm had gained 2.71 per cent in the previous session.
FUNDAMENTALS
Malaysia’s largest palm oil producing state, Sabah, on Tuesday ordered the temporary closure of plantations and factories in three districts after…