JAKARTA: Malaysian palm oil futures fell on Tuesday, erasing marginal gains from the previous session to track rival oils lower despite forecast of lower stock and better exports.

Palm oil rises on likely drop in stocks

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange dropped 1.56% to 3,905 ringgit ($892.57) a tonne in early trade, after ending up 0.38% on Monday.