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Malaysian palm oil futures fell as lower Indonesian export costs, weaker crude oil and rising stockpiles weighed on the market. The index was little changed on the day and down about 1.5% year to date.
Cheaper Indonesian export offers and rising stocks add supply pressure to vegetable oils, and weaker crude reduces palm's appeal as a biodiesel feedstock, pointing to softer palm oil prices.
Not 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.