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News 2026-09-21 10:45 UTC

Palm oil slips as soybean oil and crude ease

Palm oil ended lower, attributed to weakness in Chicago soybean oil and lower crude oil. David Ng (Iceberg X) cites support at 4,800 ringgit/ton and resistance at 4,950 ringgit/ton. Bursa Malaysia Derivatives June delivery contract mentioned but not quantified in the provided text.