Palm oil (FCPOc3) may rise to 5,032–5,083 ringgit/ton
TradingView News says palm oil (FCPOc3) may rise into 5,032–5,083 ringgit per metric ton range. The report cites a rebound after a drop to the August 28 low of 4,799 ringgit.
Palm oil (FCPOc3) may rise into a range of 5,032 ringgit to 5,083 ringgit per metric ton, as it has almost recovered from a drop to the August 28 low of 4,799 ringgit.The recovery suggests a continuation of the uptrend from 4,462 ringgit.
The trend has been developing within a rising channel, which…