Malaysian palm oil/Vegoils: Market factors to watch Wednesday Aug 17


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.

* Malaysian palm oil futures fell from a 10-week high on Tuesday as investors cashed in on the recent strength in prices and the ringgit rose, limiting demand for futures. 

* U.S. wheat futures firmed on Tuesday, with a falling dollar spurring a mild round of short-covering in the beaten-down market, traders said. 

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