KUALA LUMPUR, Nov 1 (Reuters) - Malaysian palm oil futures rallied againon Thursday, after pausing a day earlier, on news that India had cutimport duty on crude palm oil (CPO).The benchmark third month January futures shot past the 1,000 ringgit atonne barrier at the opening call, touching a high of 1,019 and settlingat 1,013 by the midday break. The contract had closed at 990 the previousday.Profit-takers had entered the market on Tuesday, ending a four-day bullrun spurred by strong exports for October.But news on Thursday that India cut the import duty on CPO to 65 percentfrom 75 chased up prices in Kuala Lumpur again.India is the biggest consumer of palm oil.New Delhi, which has increased duties four times in the past two years,introduced a cut for the first time despite continuous demand to protectits own oilseeds farmers.But some traders said the tax cut might be of more help to Indonesia,which is more aggressive in exporting CPO, than Malaysia, which prefers toship refined palm oil."The market is still digesting what this may mean to exports although ithas gone up for now," a dealer said.Prices of physical crude palm oil and refined products also rallied.The November contract for the southern region was bid/asked at 960/965ringgit a tonne and traded at the same levels. November central was heardat 955/960 ringgit and traded at 955.The December contract for both south and central was bid/asked at at985/995 ringgit, with no business reported.Among refined products, November RBD palm oil was offered at $275 a tonne,December at $285 and January/February/March at 297.50.November RBD olein saw offers for $282.50, December at $292.50 andJanuary/February/March at $305.November and December RBD palm stearin was offered at $245 a tonne andJanuary/February/March at $250.