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Malaysian palm oil futures fell to a near two-week low on July 6, after a fourth straight session of declines. Traders pointed to expectations of higher July output and cautious trading ahead of the start of U.S. tariffs on Chinese goods.
Expectations of rising Malaysian production add to supply and weigh on palm oil prices in the short term.
business-standard.comReutersJul 6, 2018Not 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.
