KUALA LUMPUR: Palm oil futures edged up on Tuesday, coming off a more than one-week low hit earlier as higher overseas sales underpinned prices.

Benchmark palm oil futures for November on the Bursa Malaysia Derivatives Exchange rose 1.4 per cent to 2,578 ringgit ($641) per tonne. Prices hit 2,522 ringgit earlier in the session, the lowest since Aug 12.

Traded volumes stood at 37,833 lots of 25 tonnes each at the close of trade, lower than the 2015 average of 44,600.

Published in Dawn, August 24th, 2016