Malaysian palm oil price eases on trade war worries, ringgit strength

Malaysian palm oil futures recouped earlier losses to rise 1 percent on Friday, tracking strength in crude oil prices.

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, pressured by concerns over the Sino-U.S. trade conflict and as the ringgit strengthened.

A stronger ringgit, palm's currency of trade, usually makes the edible oil more expensive for foreign buyers.