Malaysia CPO up on weak ringgit, gains in CBOT soy.

Futures contracts of crude palm oil traded higher on the Bursa Malaysia Derivatives because of weakness in the ringgit against the dollar and gains in the soyoil contracts on the CBOT. The most-active October palm oil contract was at 2,640 ringgits (39,259 rupees) per tonne, up 11 ringgits from the previous close, while the most-active September soyoil contract on CBOT was up 0.3% at 33.98 cents per pound. Soybean futures on the CBOT are trading firm over the last few days amid concerns over forecast of drier weather in the US Midwest just when the plants are in crucial pod-setting stage.