The benchmark palm oil contract for the December delivery on the Bursa Malaysia Derivatives Exchange was up 0.3% at 2,147 ringgit ($512.66) per tonne at the close of trade.
KUALA LUMPUR: Malaysian palm oil futures closed higher on Wednesday, after hitting a six-week low in the previous session and snapping five days of losses, supported by a weaker ringgit.
The ringgit, palm's currency of trade, fell to a three-day low against the dollar, making the edible oil cheaper for foreign buyers.
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