Palm oil hits new three-week high on demand hopes
KUALA LUMPUR, Sept 8 (Reuters) - Malaysian crude palm oil futures hit fresh three-week highs as traders bet on a recovery in exports this month even as news of China buying rival soyoil prompted some pullback.
"The bulls don't want to be left out, if there is a recovery in palm oil exports this month. But China's increased appetite for soyoil may take some of the excitement out of palm oil," said a Singaporean vegetable oils trader.
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