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KUALA LUMPUR, April 12: Malaysian crude palm oil futures were higher by on Wednesday on short-covering after a holiday closure and spurred by strong US soyaoil gains.
The general feeling is that market is looking up now, price-wise, despite a firmer ringgit, said one trader.
The Malaysian market, shut on Tuesday for a public holiday, was also trying to catch up with rival soyaoil futures, which saw significant gains in the past two trading days.—Reuters
