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Malaysian palm oil futures extended recent declines, hovering below MYR 4,650 per tonne and touching an eight-week low, as weaker edible oils on the Dalian market and sluggish export demand weighed on sentiment. Cargo surveyors noted palm oil shipments fell 15.1%—24.3% in the first 25 days of September from the same pe
Palm oil fell during Asian trade, with sentiment pressured by concerns about rising stockpiles and weaker export performance, according to market talk referencing Malaysian Palm Oil Board data.