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News 2026-10-16 01:34 UTC

TECHNICALS — Palm oil may retest resistance at 4,732 ringgit

For more technical analyses, click TECH/C SINGAPORE, Oct 16 (Reuters) — Palm oil may retest a resistance at 4,732 ringgit per metric ton, a break above could open the way toward the 4,766-4,799 ringgit range. A wedge is taking shape. After stabilizing around the lower trendline, the market bounced sharply toward the up