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Malaysian palm oil futures rose for a third day on July 28, with the October contract up 4.55% to 4,000 ringgit per tonne. Soyoil and Dalian contracts gained as Chicago soybeans rallied on hot, dry US weather.
Stronger soyoil and crude oil prices and US crop stress lift vegetable oil prices, and Indonesia's resumed palm exports partly offset the gain.
mettisglobal.newsMG NewsJul 28, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
