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Palm oil rose on firm crude oil and gains in rival oils in China and the US, but faced a weekly dip. A stronger ringgit was noted as making Malaysian exports more expensive in dollar terms.
Crude-linked biodiesel demand supports palm oil, while a firmer ringgit caps export competitiveness and limits upside in dollar-denominated prices.
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.