Malaysian palm oil futures extended gains, touching a two-week high on Wednesday on improving demand amid expectations of further weakness in the ringgit.
KUALA LUMPUR: Malaysian palm oil futures rose for the first time in three sessions on Wednesday after tracking rival oils as they climbed on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.
Benchmark palm oil futures for February on the Bursa Malaysia Derivatives Exchange closed 1.5 percent higher at 2,855 ringgit ($657) a tonne.
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