As oil prices surge, palm and soybean oil prices follow suit despite the lack of fundamental support. A 2.5% increase in oil prices this week bolstered palm oil and soybean […]
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Category: Palm oil
Palm Oil Prices Surge Despite Record Production Forecasts in Malaysia and Indonesia
Contrary to expectations of a decline due to the El Niño phenomenon, palm oil production in Malaysia and Indonesia is poised to reach record levels this year. Abundant rainfall in […]
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