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PALM OIL FELL ON LOWER RIVALS - vyaparsampark.com
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Malaysian palm oil futures fell for the 2nd session due to weaker rival edible oils and crude oil prices as well as weaker Ringgits. Future contract for June delivery fell by RM 53 or 1.23% to RM 4184 ($ 884.94) per ton as of mid-day break 27/3/2024. Futures fell by RM 10 or 0.24% to RM 4237 ($ 898.24) per ton as of yesterday (26/03/ 2024) closing. Dalian Soy oil fell by 1.88% , Palm oil by 1.68%. Chicago soy oil fell by 0.85%.