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Markets

Palm oil opens up in line with rival Chicago soyoil

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NEW DELHI: Malaysian palm oil futures opened marginally higher on Monday, extending gains from the previous session, as the market tracked strength in Chicago soyoil oil.

Malaysian palm oil futures up

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 12 ringgit, or 0.32%, to 3,752 ringgit ($801.71) in the early trade.

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