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Edible oil prices in Dhaka's Khatunganj wholesale market fell nearly 6 percent over 10 days, tracking lower global palm and soybean oil prices. Crude palm oil dropped about $80 per tonne and soybean oil about $90 per tonne in Malaysia and Indonesia over three weeks.
Lower global vegetable oil benchmarks are passing through to Bangladeshi wholesale prices, squeezing importers who bought at higher levels. The decline reflects weaker global palm and soyoil prices.
thedailystar.netDwaipayan BaruaFeb 25, 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.
