Malaysian palm oil price rises to 26-week high

Malaysian palm oil futures fell on Friday, ending a four-day winning streak, as soyoil's weak performance on the Chicago Board of Trade (CBOT) weighed.

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Thursday, rising more than 1 percent on expectations of positive news from the the European Union's (EU) decision on  biodiesel anti-dumping duties.

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange rose 1.4 percent to 2,782 ringgit ($661.12).