#fcpo
#palmoil
The FCPO June is expect to open around 2770-2780 tracking Dalian Palm movement. Cargo surveyor Societe Generalede Surveillance forecast March 1-20 Palm Oil Exports 686741 Tons, Shipments drop 7.9% from 745,564 tons during Feb. 1-20 period
The market is looking at lower demand and rising production could weigh down palm oil prices.
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