Malaysian palm oil ticks up on crude oil strength, weaker ringgit


Palm oil temp check at mill

KUALA LUMPUR: Malaysian palm oil futures edged up on Thursday, as crude oil futures rallied and the ringgit weakened, but concerns over a drop in global demand limited gains.

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was up 8 ringgit, or 0.34%, at 2,348 ringgit ($536.93) per tonne, as of 0239 GMT.(1039 Malaysian time)

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