* Mkt may accumulate assets if ringgit stays weak, soyoil holds -trader * Approach may animation to 2,694 rgt/T -technicals By Emily Chow KUALA LUMPUR, Oct 3 (Reuters) - Malaysian approach oil futures were on Tuesday set for their aboriginal circadian accretion in a week, accurate by a weaker ringgit. The criterion approach oil arrangement for December commitment on the Bursa Malaysia Derivatives Exchange was up 0.4 percent at 2,677 ringgit ($631.59) a tonne at the midday break, on advance for the aboriginal accretion afterwards four accident sessions. It beforehand fell to its everyman in 1-1/2 months at 2,653 ringgit. Traded volumes stood at 13,829 lots of 25 tonnes anniversary at the midday break. "The bazaar is oversold and the ringgit angled to a four-week low, so we are seeing some abstruse buying," said a futures banker in Kuala Lumpur, crumbling to be articular as she was not authorised to allege with media. "It may authority for today if the ringgit stays anemic and soyoil doesn't bead much," added the trader, apropos to soyoil on the Chicago Board of Trade (CBOT). A weaker ringgit about supports the close oil by authoritative it cheaper for buyers captivation adopted currencies. The ringgit fell as abundant as 0.3 percent to 4.2425 adjoin the dollar on Tuesday morning, its weakest in a month. It was aftermost bottomward 0.2 percent at 4.2385 per dollar. In added accompanying oils, the December CBOT soybean oil arrangement belted up 0.1 percent. Approach oil prices are afflicted by the achievement of accompanying comestible oils such as soy, as they attempt for a allotment of the all-around vegetable oils market. China's Dalian Commodity Exchange is bankrupt for a civic accessible holiday. Approach oil may animation to 2,694 ringgit per tonne, as it could stabilise about abutment at 2,651 ringgit, said Wang Tao, a Reuters bazaar analyst for bolt and activity technicals. Palm, soy and awkward oil prices at 0502 GMT Arrangement Ages Aftermost Change Low High Volume MY PALM OIL OCT7 2698 9.00 2690 2698 62 MY PALM OIL NOV7 2682 17.00 2659 2682 333 MY PALM OIL DEC7 2677 11.00 2653 2678 5842 CHINA PALM OLEIN JAN8 0 0.00 0 0 0 CHINA SOYOIL JAN8 0 0.00 0 0 0 CBOT SOY OIL DEC7 32.56 0.00 32.35 32.57 3733 INDIA PALM OIL OCT7 530.00 -2.10 529.50 531.7 143 INDIA SOYOIL OCT7 660.15 -1.85 660.15 662.15 710 NYMEX CRUDE NOV7 50.45 -0.13 50.39 50.61 13295 Approach oil prices in Malaysian ringgit per tonne CBOT soy oil in U.S. cents per batter Dalian soy oil and RBD approach olein in Chinese yuan per tonne India soy oil in Indian rupee per 10 kg Awkward in U.S. dollars per butt ($1 = 4.2385 ringgit) ($1 = 65.5775 Indian rupees) ($1 = 6.6533 Chinese yuan) (Reporting by Emily Chow; Editing by Joseph Radford)
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