Malaysia CPO down on increase in output concerns.

Futures contracts of crude palm oil on Bursa Malaysia Derivatives were down as traders were cautious over the increase in production in the coming months. The most active November futures contract traded at 2,761 ringgits (41,704rupees) per tonne, down 6 ringgits from the previous close. An appreciation in the Malaysian currency against the dollar further supported the fall in prices. Strength in the ringgit against the greenback makes palm oil unattractive for Malaysian exporters.