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Malaysian crude palm oil futures remained in a tight range during the week starting February 19, weighed down by market factors. Prices showed a tug of war between bulls and bears.
Range-bound trading with no decisive new driver suggests palm oil prices are likely to stay flat in the near term.
mpoc.org.myFeb 26, 2024Not 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.
