Malaysian palm oil futures rose for a second session in four on Friday as better performing rival soy oil gave the market a late boost even though a stronger ringgit MYR= weighed on prices earlier in the day.
KUALA LUMPUR :Kenanga Research has maintained its forecasted crude palm oil (CPO) average price of RM2,400 per metric tonnes (mt) with a rebound in prices expected later this year due to the La Nina phenomenon.
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