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News 2026-10-28 04:06 UTC

Palm Oil Bounces Back After Recent Losses

Malaysian palm oil futures rebounded from recent declines, hovering above MYR 4,700 per tonne as bargain hunting emerged after prices hit a near two-week low. A weaker ringgit and firmer soyoil prices on the Dalian market also lent support, alongside a recovery in crude oil prices that improved palm oil's appeal as a b