Malaysian palm oil futures rose for a third consecutive session on Wednesday, but the rally may lose steam due to concerns about rising stockpiles, traders said.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Dec 18
FUNDAMENTALS
* Malaysian palm oil futures fell over 1 percent on Monday before paring some losses, as weakness in overnight soyoil on the U.S. Chicago Board of Trade (CBOT) and data showing declining exports weighed on sentiment.
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