Markets

Palm opens stronger on Dalian support, weaker ringgit

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JAKARTA: Malaysian palm oil futures opened higher on Wednesday, supported by gains in rival Dalian oils, as well as a weaker ringgit.

Palm ends lower on weaker rival oils

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange rose 19 ringgit, or 0.51%, to 3,711 ringgit ($788.90) a metric ton in early trade.