Malaysia CPO tad up tracking gains in CBOT soybean.

Futures contracts of crude palm oil on Bursa Malaysia Derivatives were slightly up. The most active December crude palm oil contract on the Malaysian bourse was up 1 ringgit from the previous close. However, strength in the Malaysian currency against the dollar and a rise in palm oil inventories in September is seen restricting gains. A firm ringgit makes export of palm oil less attractive for Malaysian sellers. Weaker demand post the festival season is expected to further dampen price outlook.