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Palm Oil in Malaysia Rises to Two Week High Amid El Niño Risks
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Malaysian palm oil futures rose to their highest level in more than two weeks on October 13 as fears of a supply cut in 2027 outweighed pressure from record inventories. The December contract for Bursa Malaysia rose by 0.97% to 4682 ringgit per tonne ($1146.43/t), the highest close since September 24th. Palm oil reserves in [...] The post Palm oil in Malaysia rose to a two week high amid El Niño risks first appeared on UkrAgroConsult.
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