(Bloomberg) -- Palm oil futures declined on concerns last week's 4.8 percent rally, the largest one-week gain in 15 weeks, overvalued the commodity.
Palm oil futures fell as much as 2.2 percent today, a second day of decline after surging another 2.3 percent on April 16 to the highest in more than eight years after Malaysia, the world's largest producer of the tropical oil, reported unexpectedly strong growth in exports this month.
Read more at Bloomberg Commodities News
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