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Malaysia raises Oct crude price factor to $4.35/bbl - document

SINGAPORE, Oct 11 (Reuters) -

* Malaysian state oil firm Petronas has set the October price factor for Malaysian Crude Oil (MCO) at $4.35 a barrel, up 45 cents from the previous month, according to a company document reviewed by Reuters on Thursday

* The monthly price factor is added to the average of Platts' dated Brent prices published in the month to derive the Malaysian crude official selling price (OSP)

* Petronas changed its OSP mechanism from January 2017, basing its benchmark price on a basket of four Malaysian crude grades: Labuan, Miri Light, Kikeh and Kimanis (Reporting by Jessica Jaganathan; Editing by Subhranshu Sahu)