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Palm Oil Fell in Price After Retreating From 21-Month High
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Palm oil futures in Malaysia fell more than 1% on Thursday, retreating from a 21-month high. The December contract for Bursa Malaysia fell 58 ringgit, or 1.16%, to 4,940 ringgit ($1,206/t). The market is under pressure from weak export rates and expectations of rising inventories in Malaysia. Traders estimate that stocks at the end of September could increase [...] The post Palm oil fell in price after retreating from a 21-month high first appea…
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