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Palm oil and rubber prices rise as floods in M'sia, Thailand hit supplies
Published Tue, Dec 30, 2014 · 09:50 PM
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Kuala Lumpur
PALM oil and rubber prices advanced as flooding in Malaysia and Thailand disrupted supplies from South-east Asia, and forecasters said that further heavy rain over the next few days will probably exacerbate the situation.
Palm oil for March delivery jumped 1.6 per cent to RM2,286 (S$865) a tonne on Bursa Malaysia De…
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