CPO FUTURES ON WORST WEEKLY PERFORMANCE IN 4 MONTHS AS RISING AUGUST SUPPLY CONTINUE TO DRAG PRICES LOWER | POA Close 8 Sept

Palm futures closed the week at 3 week low after trading lower for five straight days weighed down by a combination of losses in related oils and on soaring supply outlook for Aug. The market has been readjusting to expectation of August end-month stocks rising to nearly 2 million tons after MPOA data released on…

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