Palm oil futures slip from 21-month high amid weak exports
Malaysian palm oil futures pulled back from a 21-month high, pressured by weak exports and expectations that stocks could rise this month.
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Palm oil futures slip as weak demand and ample supply weigh
Malaysian palm oil futures hovered below MYR 4,950/tonne, ending a recent rally. Weaker edible oils, weak August exports (surveyors estimate shipments fell in a range from the prior month), and rising inventories to a five-month high pressured sentiment.