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Palm oil futures rise for third straight session

Malaysian palm oil futures rose for a third consecutive session, supported by stronger Dalian rival oils and a weaker ringgit.

CPOUSDMYR

Malaysian palm oil futures advanced for a third consecutive session on Thursday, helped by firmer Dalian rival oils and a softer ringgit. The benchmark palm oil contract (FCPOc3) for December delivery on the Bursa Malaysia Derivatives Exchange was up 38 ringgit, or 0.76%, at 5,022 ringgit.

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