A post by @FirstSquawk on X.
Malaysia’s Crude Palm Oil Futures Slide 3.01%, Settling at 4,130 Ringgit per Metric Ton
@FirstSquawk on X
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Malaysia’s crude palm oil futures fell 3.01%, settling at 4,130 ringgit per metric ton. The drop marks a sharp single-session decline in the benchmark contract tracked by First Squawk. The move matters because palm oil is a key edible-oil benchmark, and lower futures can feed through to food and biodiesel input costs. Traders will watch whether the contract holds above the 4,100 ringgit level or extends losses in the next session.
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Crude Palm Oil Futures, Malaysia, First Squawk