Commodity Tips, Palm oil futures will test supports, rise
Malaysian palm oil futures ended higher on Monday but hit a two-week low on the back of a stronger ringgit. A stronger ringgit typically makes physical prices more expensive for overseas buyers and has a bearing on end stocks. Exports of Malaysian palm oil products for January 1-15 fell 2.8 percent to 564,968 tonnes compared with the same period last month, cargo surveyor Societe Generale de Sur...
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