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KUALA LUMPUR: Malaysian palm oil futures traded in a tight range on Wednesday, as stronger rival Dalian oils countered weaker Chicago soyoil prices.
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange slid 2 ringgit, or 0.04%, to 4,474 ringgit ($1,063.97) a metric ton in early trade.
The contract rose 2.19% in the previous session.