The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was down 0.2 percent at 2,403 ringgit ($617.90) a tonne at the close of trade. It earlier rose as much as 0.7 percent to 2,424 ringgit.
KUALA LUMPUR: Malaysian palm oil futures rose on Monday in a second session of gains, supported by a weaker ringgit and better demand prospects.
A weakening of palm oil's traded currency usually makes it cheaper for holders of other currencies. The ringgit fell 0.5 percent to 4.1270 against the dollar, its weakest since Nov. 22.
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