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KUALA LUMPUR: Malaysian palm oil futures traded in a tight range on Thursday, as support from stronger rival edible oils and crude oil prices countered the impact of a firmer ringgit.
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange slid 2 ringgit, or 0.05%, to 4,313 ringgit ($1,022.52) a metric ton in early trade. The contract rose for the past two sessions.