Vegetable Fats & Oils

Vegetable Fats & Oils

 

Palm Oil Tumbles as Part of Commodity Price Route

Crude palm oil prices continued to move lower as the vegetable oil complex continues to face headwinds with a rising dollar and declining demand from China. Concerns about demand have pushed the price of palm oil down sharply and are now trading below both the 50-week and 200-week moving averages.

A stronger dollar and declining crude oil prices have also help erode the value of…

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