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Palm oil futures fell through the week to September 21, trading near a three-month low and posting a third weekly loss of 2.6%. Malaysia also plans to double palm oil exports to China to 500,000 tonnes a year amid EU restrictions.
Weak rival oils and softer crude pressure prices, while the planned China export increase offers some demand support.
tridge.comNur HameedSep 29, 2023Not 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.
