Malaysian palm oil falls.

Byline: S. Kamal Hayder Kazmi

Malaysian palm oil futures fell to a one-month low on Wednesday with traders expecting a slower than forecast decline in February output.

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0.7 per cent at 2,245 ringgit ($552.41) a tonne at the close of trade. Earlier in the session, the contract fell to 2,238 ringgit, its lowest levels since Jan. 18. Trading volumes stood at 42,795 lots of 25 tonnes each at the end of the trading day. Production fell 3.9 per cent...

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