KUALA LUMPUR: Malaysian palm oil is expected to trade between RM4,000 and RM5,000 per tonne from now until August as Indonesia's ambitious biodiesel mandate will keep stocks tight in the first half of 2023, industry analyst Dorab Mistry said on Wednesday.
Benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange fell to RM4,195 a tonne by the midday break on Wednesday.
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