KUALA LUMPUR: Palm oil futures rose for a second consecutive session on Wednesday, supported by strength in soyoil on the Chicago Board of Trade and a weaker ringgit.

Benchmark palm oil futures for June delivery on the Bursa Malaysia Derivatives Exchange rose 0.5 per cent to 2,721 ringgit ($616.03) a tonne at the end of the trading day.

Traded volumes stood at 50,006 lots of 25 tonnes each in the evening.

Published in Dawn, March 30th, 2017