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Labour shortages are expected to cut Malaysian palm oil production for a third year, supporting benchmark crude palm oil futures. Prices have lost half their value since hitting a record in March.
Production shortfalls in Malaysia offer a floor for palm oil prices despite the broader downtrend, which matters for vegetable oil supply planning.
reuters.comMei Mei ChuSep 7, 2022Not 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.
