CPO price up on lower output prospects


KUALA LUMPUR: Malaysian palm oil futures rose on Friday following two days of declines to notch up a weekly gain as the rainy season was expected to curb yields, although sluggish export demand capped gains. 

    "For November we are seeing a drop between 8 and 10 percent in crude palm oil output," a trader with a local commodities brokerage in Malaysia said.

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