KUALA LUMPUR: Malaysian palm oil futures charted a second consecutive day of losses on Tuesday evening despite seeing gains earlier in the day, as a stronger ringgit , which makes the tropical oil more expensive for foreign buyers and aids demand, weighed on prices.
The ringgit, the currency palm oil is traded in, was up 0.3 percent at Tuesday's close of trade, not far off one-year highs hit on Thursday.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
