KUALA LUMPUR: Crude palm oil (CPO) futures extended their losses in late afternoon trade on July 3, on concerns higher output would drag down prices.

At 3.58pm, it had fallen RM84 to RM2,096, off the earlier low of RM2,085.  Yesterday, it closed RM78 lower.

Plantations stocks are marginally lower, with Sime Darby easing five sen to RM7.20, KL Kepong 10 sen lower to RM12.10 and IOI Corp down two sen to RM4.72.