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Crude palm oil futures on Bursa Malaysia closed lower on expectations of higher output in Sabah and weaker Chicago soyoil. Spot August contracts fell RM13 to RM2,659 a tonne.
Expected production gains and softer soyoil pressure palm oil prices lower in the near term.
malaymail.comAug 1, 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.
