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Palm oil producers' hunt for new markets bears little fruit

Traders say buyers are biding their time, hoping prices will fall after an expected increase in supply this year

Kuala Lumpur

A PUSH by palm oil producers to cultivate new markets in South-east Asia and the Middle East is unlikely to move the dial on exports this year, traders and analysts say, as customers favour cheaper rival oils while holding out for palm price cuts.

The impetus for

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