Weak ringgit translates to higher revenue for oil palm planters

Palm oil prices are also being supported by supply fears

PETALING JAYA: The weaker ringgit is a boon for oil palm planters.

At RM2,284 a tonne yesterday, crude palm oil (CPO) futures contract on Bursa Derivatives, which is quoted in ringgit, has risen 18.4% from the recent low in August.

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