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Palm oil futures extend gains for a second session

Malaysian palm oil futures extended gains for a second straight session, buoyed by firmer crude oil prices and a weaker ringgit, though softer Chicago soyoil capped the gains.

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Malaysian palm oil futures extended gains for a second straight session on Tuesday, supported by firmer crude oil prices and a weaker ringgit, although softer Chicago soyoil limited further upside. The benchmark palm oil contract (FCPOc3) for December delivery on the Bursa Malaysia Derivatives Exchange gained…