SINGAPORE: Malaysian palm oil futures recovered on Monday mirroring strength in rival edible oils, while firm export data supported sentiment.

Palm oil hits near three-week closing high

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 74 ringgit, or 1.91%, to 3,946 ringgit ($848.97) per metric ton in early trade, paring losses from the previous session.