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Palm Oil Futures Edge Higher As Energy Markets Realign
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1 Articles
Palm Oil Futures Edge Higher As Energy Markets Realign
Palm oil has begun to move again. After weeks of drift, futures in Malaysia have found a footing, lifted by stronger crude oil prices and renewed buying interest in Asia. Prices picked up as oil markets firmed, improving margins for biodiesel producers and making palm-based fuel blends more attractive. In China, Dalian palm olein futures rose in tandem, reflecting tighter supply expectations and a turn in demand sentiment. The shift has revived …
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