Palm ticks up on weaker ringgit, but heads for weekly loss

SINGAPORE: Malaysian palm oil futures inched higher on Friday helped by a weaker ringgit, but were on track for a second straight weekly decline.

Palm reverses two-day climb on lower Chicago soyoil, crude prices

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 7 ringgit, or 0.18%, to 3,943 ringgit ($836.80) a metric ton as of 0232 GMT.

It gained 0.15% in overnight trade.

Tags: Palm Oil

Palm ticks up on weaker ringgit, but heads for weekly loss

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