Malaysian palm oil futures rose over 2% on Friday, resulting in a weekly increase, largely due to the rise in Chicago soyoil prices. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange closed at 4,393 ringgit ($977.74) a metric ton, with expectations of increased production and exports contributing to the gains despite concerns over Indonesian palm oil reference price, B40 biodiesel mandate success, and Dalian palm olein futures. Meanwhile, a decrease in Malaysia's palm oil stocks and production, coupled with potential supply disruptions from sanctions and weather conditions, have led to an uptick in crude oil futures, making palm oil a more appealing biodiesel feedstock.