Malaysian palm oil price rebounds on lower production outlook

Malaysian palm oil edged up on Friday evening for its first gain in four sessions on the back of falling production outlook, after earlier hitting its lowest level since August last year on rising global vegetable oil supplies and weak demand..

KUALA LUMPUR: Malaysian palm oil futures ended higher on Monday, recovering from an earlier more than two-week low, as traders forecast falling production in the coming weeks.

The market earlier fell on the back of a stronger ringgit and cautious trading ahead of cargo surveyors' export data releases.