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SINGAPORE: Malaysian palm oil futures rose for a second straight session on Thursday, underpinned by a softer ringgit and strength in rival Dalian edible oils, although lacklustre local export data limited the gains.
The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose 29 ringgit, or 0.8%, to 3,709 ringgit ($775.13) a metric ton in morning trade.