Palm oil steady with major markets closed for holidays

JAKARTA: Malaysian palm oil futures were little changed on Friday, with the Dalian and Chicago markets closed for public holidays.

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 1 ringgit, or 0.02%, at 4,572 ringgit ($1,110.25) a metric ton in early trade.

The futures contract has booked a 1.97% weekly gain so far.