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Malaysian palm oil futures fell 0.11% to 4,573 ringgit per ton on April 30 and lost 0.52% for the week. Malaysian April exports fell 16.2% from March according to AmSpec and 15.3% according to Intertek.
Lower Malaysian export shipments point to softer near-term demand, which weighs on palm prices, though the Indonesian reference price increase supports cost floors.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.