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Malaysian palm oil futures eased on Monday in range-bound trading. Expectations of higher supply weighed on prices, while demand prospects were seen as poor.
Higher stocks and weak demand expectations point to continued downward pressure on palm oil prices.
mpoc.org.myAug 8, 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.
