Malaysian palm oil futures edged higher on Friday after a run of losses, supported by a weaker ringgit and short covering, although they still marked a second straight weekly loss.
KUALA LUMPUR: Malaysian palm oil futures notched up a second day of gains, tracking rival soyoil, while a weaker ringgit also helped to prop up prices.
Benchmark palm oil futures for October delivery on the Bursa Malaysia Derivatives Exchange rose 0.4 percent to close at 2,318 ringgit ($569) per tonne on Wednesday.
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