Palm oil gains on stronger Dalian rivals and weaker ringgit

KUALA LUMPUR: Malaysian palm oil futures opened higher on Tuesday, supported by stronger Dalian rivals and a weaker ringgit.

Palm up on positive export estimates, expectations of weak output

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 40 ringgit, or 0.93%, to 4,339 ringgit a metric ton in early trade.