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Crude palm oil prices in Rotterdam fell on December 28, 2017, following a decline on the Malaysian exchange. A broker attributed the drop to profit-taking as a firmer ringgit made Malaysian palm oil more expensive for global buyers.
A stronger ringgit lifts Malaysian export prices and can dampen foreign demand, pressuring palm oil and the vegetable oil complex used in feed fats.
en.infosawit.comDec 30, 2017Not 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.
