Palm oil slides on overnight soy oil losses
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Malaysian palm oil futures charted a third session of loses in four on Thursday evening, tracking weakness in overnight U.S. soy oil prices and on forecasts of slower-than-expected declines in output. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was down 0.6% at 2,157 ringgit (US$521.77) a tonne at the close of trade, after…