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Palm oil futures in Kuala Lumpur steadied above 4,100 ringgit per tonne after hitting a 12-week low, helped by a softer ringgit and firmer Dalian soyoil. India cut October purchases to a five-month low, and Indonesia's November reference price edged up.
Weak Indian demand and a forecast rise in Malaysian stocks cap any rebound, while Indonesia's B50 expectations provide modest underlying support.
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.