Benchmark palm oil futures snapped a two-session losing streak on Tuesday, supported by gains in rival vegetable oils and firmer crude oil prices, while Indonesia’s domestic CPO market also posted higher prices. PALMOILMAGAZINE, Kuala Lumpur, Malaysia — Malaysian crude palm oil (CPO) futures rebounded on Tuesday (Aug. 4), ending a two-session decline as stronger rival vegetable oil prices and recovering crude oil values improved market sentiment and reinforced expectations for biodiesel demand. Also Read: Malaysian Palm Oil Futures Extend Losses as Rising Output Weighs on MarketThe recovery was underpinned by gains across the broader vegetable oil market. Meanwhile, soyoil futures on the Chicago Board of Trade (CBOT) edged 0.09% higher, lending further support to palm oil prices. Crude oil prices also strengthened, improving the outlook for biofuel demand.