KUALA LUMPUR: Malaysian palm oil futures inched higher on Tuesday, tracking the strength in Dalian palm and Chicago soyoil contracts as well as stronger crude oil prices.

Malaysian palm oil trades sideways

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 47 ringgit, or 1.04%, to 4,576 ringgit ($1,048.82) a metric ton in early trade.