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PALM OIL ROSE ON EXPECTATION OF LOWER PRODUCTION - vyaparsampark.com
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Malaysian palm oil rose for the 2nd straight day by RM 12 or 0.3% to RM 3669 ($ 789.54) per ton on expectation of lower output of crude palm oil by mid-day on 5.1.2024. Chicago Soy oil price up by 0.5%. Hot dry weather in Brazil had raised concerns on Soybean production.