The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was up 0.3 percent at 2,635 ringgit ($609.95) a tonne at the close. It earlier fell to 2,597 ringgit, its lowest since Tuesday. The contract is however down 0.6 percent for the week, its first weekly decline in three.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 21.
FUNDAMENTALS
* Malaysian palm oil futures rose for the first time in five sessions on Wednesday, supported by rising export demand and strength in soyoil on the Chicago Board of Trade (CBOT).
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