#fcpo
#palmoil
FCPO rose a second consecutive session on support from improving exports and strong physical prices. Market rumors India are coming to buy for Ramadan. India, the world's largest consumer of vegetable oils and the largest importer of Malaysian palm oil, is seen buying more of the tropical oil ahead of the Muslim holy month of Ramadan in late May.
Market are expecting:
Cargo surveyor ITS/SGS forecast Mar 1-20 palm oil export data on Mar 20.
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