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PALM OIL RISES ON CUT IN INDIA IMPORT DUTY, WEAKER RINGGIT

palm-oil

 Malaysian palm oil futures recovered on Monday from a nearly 2 percent fall in the previous session, supported by expectations of more imports from India and on a weaker ringgit. Benchmark palm oil futures for December on the Bursa Malaysia Derivatives Exchange rose 1.5 percent to 2,715 ringgit ($656) a tonne at the midday break. Traded volumes stood at 16,184 …

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