Palm oil plummets as Indonesian exports set to 'flood' market - The Edge Markets MY


7/4/2022 12:00:00 AM2 years 10 months ago

KUALA LUMPUR/SINGAPORE (July 4): Palm oil slumped more than 7% to the lowest close since December after top producer Indonesia announced an increase in export quotas in an attempt to cut bloated domestic inventories.Futures for September delivery, the most ac…

KUALA LUMPUR/SINGAPORE (July 4): Palm oil slumped more than 7% to the lowest close since December after top producer Indonesia announced an increase in export quotas in an attempt to cut bloated dome… [+1980 chars]

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