Futures contracts of crude palm oil on the Bursa Malaysia Derivatives ended lower, tracking losses in soyoil contracts on CBOT. Prices of crude palm oil and soyoil typically move in tandem, as both are used as substitutes for each other. A strong ringgit against the dollar further weighed on crude palm oil prices on the Malaysian bourse. Firmness in the Malaysian currency makes the commodity more expensive for buyers holding other currencies. The most-active March contract of crude palm oil on the Malaysian bourse closed at 2,520 ringgits (39,723.01 rupees) per tn, down 0.7% from the previous close.