Malaysia CPO ends higher as Jan output seen down

Futures contracts of crude palm oil rose on the Bursa Malaysia Derivatives due to concern over a likely fall in the country’s palm oil production in January. The most-active April contract of crude palm oil on the Malaysian bourse settled at 2,486 ringgits (40,880.60 rupees) per tn, up 0.7% from the previous close. The Malaysian Palm Oil Board is likely to release data for January palm oil exports, output, and inventory