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Tuesday, March 25, 2008
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Commodity News
Mar 24 2008 8:08AM
Malaysian palm up 3 pct on CBOT soyoil strength

KUALA LUMPUR, March 24 (Reuters) - Malaysian crude palm-oil futures rose almost 3 percent on Monday as soyoil prices on the Chicago Board of Trade bounced back in Asian hours, dealers said.

The benchmark June contract <KPOM8> on the Bursa Malaysia Derivatives Exchange rose as much as 101 ringgit to 3,431 ringgit ($1,080) a tonne in early trade.

(Reporting by Niluksi Koswanage, editing by Mark Bendeich)

(([email protected]; +603 2333 8035; Reuters Messaging: [email protected])) ($1=3.177 Ringgit) Keywords: MALAYSIA PALM/FUTURES

  Source:   

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