Palm Oil Edges Higher as Traders Weigh El Nino Risks and Tightening Supply
2026-07-22 11:27:44
Palm oil futures edged higher on Wednesday as traders weighed the potential threat from El Nino and expectations that supply in the country will soon tighten under the B50 biodiesel mandate. According to Jin10, the shadow of swollen inventories in Asia's main producing countries, which have risen to record highs, still remains.
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