Palm oil prices FOB Malaysian ports continue higher

Palm oil prices FOB Malaysian ports continue higher

Malaysian palm oil prices have been choppy this week, trading between $935 per tonne and $947.50 per tonne FOB Malaysian ports, for bulk product November delivery. Pricing dipped to $935 per tonne on Wednesday August 28, with the prospect of India raising import tariffs weighing on the market. But pricing rebounded on Thursday August 29, settling at $945 per tonne following Indonesian Palm Oil Association estimates indicating palm oil output would fall.

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