Malaysian palm oil futures rose for a third straight session on Monday (Aug. 20), touching a one-week high on support from U.S. soyoil although a stronger ringgit weighed on the market. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 0.7% at RM2,254 a tonne at the close of trade. Media report that China wants to boost its CPO import from Malaysia also lift CPO price on Monday.

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