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KUALA LUMPUR: Malaysian palm oil futures rebounded from a one-week low to end the trading day slightly higher, supported by a weaker ringgit which makes the tropical oil cheaper for holders of foreign currencies.
The ringgit, in which palm oil is traded, hovered at 3-week lows during Thursday's trading session, closing at its intraday low of 4.2855 against the U.S. dollar.
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