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Malaysian Palm Oil Futures Rise 0.69% on Stronger Rival Oils

The January palm oil contract gained 33 ringgit to 4,799 ringgit, supported by strength in rival vegetable oils on China's Dalian Commodity Exchange.

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Malaysian palm oil futures advanced on Tuesday as rival vegetable oils strengthened on China's Dalian Commodity Exchange. The benchmark January palm oil contract (FCPOc3) on the Bursa Malaysia Derivatives Exchange added 33 ringgit, or 0.69%, to 4,799 ringgi