JAKARTA: Malaysian palm oil futures opened up on Friday, tracking strength in Dalian vegetable oils and snapping a five-session losing streak.
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 68 ringgit, or 1.84%, to 3,770 ringgit ($807.80) in the early trade.
Palm oil falls for fifth straight day on weak rival oils, crude
However, the futures are currently down 2.87% for the week.
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