JAKARTA: Malaysian palm oil futures rose for a second session on Monday, underpinned by strength in Dalian palm oil, Chicago soyoil and crude oil prices, while a weaker ringgit also lent support.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 57 ringgit, or 1.28%, to 4,494 ringgit ($1,130.85) a metric ton by 0236 GMT.
The contract fell 1.89% last week in its third consecutive weekly drop.
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