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Palmolein oil prices in India firmed by Rs 50 per quintal on pickup in demand from vanaspati millers. Benchmark Malaysian palm oil for November rose 1.8 percent to 2,298 ringgit a tonne on Bursa Malaysia.
Strong domestic edible oil demand and firm overseas benchmarks push palm oil import costs higher, supporting prices.
business-standard.comPress Trust of IndiaSep 5, 2018Not 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.
