Malaysia CPO ends flat as ringgit weak, CBOT soy dn

Futures contracts of crude palm oil on the Bursa Malaysia Derivatives settled largely flat today, as gains due to a weak ringgit against the dollar were offset by weakness in soyoil contracts on CBOT. The most-active May contract of crude palm oil on the Malaysian bourse settled at 2,490 ringgits (41,252.97 rupees) per tn, up 1 ringgit from the previous close. A weak Malaysian currency makes the commodity cheaper for buyers holding other currencies.