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PALM OIL AT HIGHEST IN OVER YEAR AGO - vyaparsampark.com
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Malaysian Palm oil futures rose in a 4th consequtive session today 14/3/2024 early trade due to strong rival edible oils and petrolium crude oil prices. Futures rose by RM 101 or 2.41% to RM 4296 ($ 916.97). Soy oil at Dalian rose by 2.06% and palm oil by 3.34% and Chicago Soy oil up by 0.64%. Palm oil likely to remain higher for short term due to stronger demand towards Ramdan.