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Crude palm oil prices to remain supported around $1,110/ton in June, says MPOC

  • Palm oil prices are expected to hold around 4,400 ringgit ($1,110) per metric ton
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KUALA LUMPUR: Crude palm oil prices are expected to hold around 4,400 ringgit ($1,110) per metric ton in June as global biofuel policies support prices while weather risks add to supply uncertainty, the Malaysian Palm Oil Council said in a statement on Tuesday.

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