Palm oil futures rose, boosted by improved sentiment.

Sina Finance reported on March 30th that palm oil futures closed higher, with the Malaysian derivatives contract for June delivery rising 141 ringgit to 4,772 ringgit per ton. Analysts at Kenanga Futures stated in a report that the strength of competing oils may boost market sentiment, while a weaker ringgit could also increase export competitiveness. They added that expectations of stronger demand in the near term should further support buying interest.