KUALA LUMPUR: Malaysian palm oil futures edged up on Monday supported by weakness in the ringgit , its currency of trade, and with traders bullish about the prospects of improving demand.
The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 0.4 percent to 2,425 ringgit ($619.25) a tonne at the close, after falling to a one-week low of 2,407 ringgit earlier in the session.
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