Malaysia CPO down noting losses on CBOT soyoil.

Futures contracts of crude palm oil on the Bursa Malaysia Derivatives ended lower, taking cues from soyoil contracts on the CBOT. The prices of crude palm oil and soyoil typically move in tandem, as they are substitutes for each other. The prices also fell due to a strong ringgit against the dollar. A stronger ringgit makes buying palm oil more expensive for buyers holding other currencies.