Futures contracts of crude palm oil on the Bursa Malaysia Derivatives ended over 2% lower today due to a strong ringgit against the dollar. A firm ringgit makes the commodity more expensive for buyers holding other currencies. The most-active March contract of the commodity on the Malaysian bourse settled at 2,567 ringgits (40,992.24 rupees) per tn, down 2.1% from the previous close. An on-month rise in Malaysia’s crude palm oil stocks in December further weighed on the prices.