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Khairil_Anuar
Apr 16, 2024 1:29 AM

(FCPO) Palm oil slips to over two-week low on subdued demand Short

Crude Palm Oil FuturesMYX

Description

-Malaysian palm oil futures fell on Monday to their lowest closing in over two weeks, weighed down by lacklustre global demand and weaker crude as traders shrugged off data indicating tightening inventories.

-Market got some support from the resumption of Chinese palm oil buying on Friday but other destinations were lacking charm.
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