Malaysian palm oil price up for 4th session as soyoil gains, ringgit weakens

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended 1.2% higher at 2,285 ringgit ($546.00).

SINGAPORE: Malaysian palm oil futures closed higher on Friday, recovering from earlier losses, as gains in rival oils and a slightly weaker ringgit offset ongoing concerns over buying from India.

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended 1.2% higher at 2,285 ringgit ($546.00).