Malaysian palm oil futures jumped by more than 1 percent to its highest in nearly a month on Tuesday, extending gains into a third session on strength in related edible oils and earlier weakness in the ringgit.
KUALA LUMPUR: Malaysian palm oil futures fell to a two week low on Friday over concerns of rising stocks, a stronger ringgit and weaker related edible oils.
A stronger ringgit usually makes palm oil more expensive for holders of foreign currencies. The ringgit, palm's currency of trade, was up 0.1 percent to 4.1370 against the dollar on Friday evening.
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