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Palm oil prices rose as reserves failed to meet demand despite a production recovery and a 24% rise in stocks year on year. Palm kernel oil also climbed after production fell short of expectations, while sugar and coffee prices were weaker.
Firmer vegetable oil prices, supported by upward moves in other vegetable oils, raise input costs for feed fats and blends.
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.