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Palm tick up on stronger soyoil; still set to snap two-week decline
KUALA LUMPUR: [Malaysian palm oil futures](https://palm oil) edged up on Friday and were still poised for their first weekly gain in three weeks, as strength in soyoil prices countered fears of rising stockpiles. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange climbed 5 ringgit, or 0.11%, to 4,666 ringgit ($1,141.95) a metric ton by the midday break. The contract has gained 3.55% so far this week. “Palm oil futures traded higher and remained supported by Thursday’s strong rebound and stronger soybean oil prices, although concerns over elevated in...
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