SINGAPORE: Malaysian palm oil futures edged up on Monday and were set for a fourth straight session of gains, tracking higher soybeans and soybean oil on persistent concerns over dry weather in Argentina.
U.S. soybeans were trading near a six-week high despite scattered showers in Argentina in recent weeks that have brought some relief to thirsty 2012/13 soybean crops, as many areas are still suffering parched conditions, the U.S. agriculture ministry said.
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