Palm rebounds tracking rival oil strength higher, stronger exports
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SINGAPORE: Malaysian palm oil futures recovered on Monday mirroring strength in rival edible oils, while firm export data supported sentiment.
Palm oil hits near three-week closing high
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 74 ringgit, or 1.91%, to 3,946 ringgit ($848.97) per metric ton in early trade, paring losses from the previous session.
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