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Palm Oil Futures Rise with Stronger Rival Oils

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Malaysian palm oil futures rose on Monday as they tracked stronger rival oils in the Dalian and Chicago markets.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange gained 0.32% to 4,692 ringgit ($1,148.31) a metric ton in early trade.

The increase comes as traders await key data from the Malaysian Palm Oil Board, which is expected later in the day.

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