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News 2026-10-16 03:09 UTC

VEGOILS — Palm climbs on strong export estimates, poised for second weekly gain

JAKARTA, Oct 16 (Reuters) — Malaysian palm oil futures inched higher on Friday, supported by cargo surveyor estimates showing robust export demand in the first half of October, and were on track for a second consecutive weekly gain. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives