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CPO |
MALAYSIA Derivatives Exchange (Mdex) crude palm oil futures prices finished the week moderately higher boosted by light short-covering and speculative buying. Traders unwinded earlier short positions when the market failed to react negatively to Societe Generale de Surveillance’s (SGS) lower Malaysian export estimates for the first 20 days of February at 511,921 tonnes, off from 625,659 tonnes in the same period a month ago.
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