Palm Oil Rebounds from 12-Week Low
Malaysian palm oil futures climbed above MYR 4,100/tonne, recovering after two days of losses.
Support came from a weaker ringgit, stronger Dalian soyoil, and higher October exports (+5%).
Still, gains capped as India’s imports hit a 5-month low amid switch to soyoil.
Stocks likely rose 3.5% to 2.44M tons — highest since Oct 2023.
#Commodities# #Malaysia# #trading# #investment# #Silver#
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