Malaysian palm oil gains.
Malaysian palm oil futures reversed early losses to end higher on Wednesday evening, supported by a weaker ringgit and tracking gains in crude oil and soyoil on the Chicago Board of Trade (CBOT). The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.4percent at 1,981 ringgit ($481.70) per tonne at the close of trade. The ringgit, palm's currency of trade, fell 0.1percent against the dollar to 4.1125 on Wednesday evening, though it was still trading at three-month highs.
A weaker ringgit makes the edible oil cheaper for foreign buyers. Meanwhile, oil prices regained little ground lost...
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