VEGOILS Palm rises for third day on supply concerns

JAKARTA, Dec 23 (Reuters) – Malaysian palm oil futures extended gains to a third session on Thursday over expectations of lower December output, as torrential rains that began last week caused floods in eight states in Malaysia. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange rose 1.0.8% to 4,496 ringgit ($1,069.71) by midday…