Palm oil rises on stronger crude, Chicago soyoil

KUALA LUMPUR: Malaysian palm oil futures inched higher on Wednesday, snapping losses from the previous session, supported by stronger Chicago soyoil and firmer crude oil.

Malaysian palm oil falls

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 11 ringgit, or 0.28%, to 3,994 ringgit ($943.32) a metric ton in early trade.