Palm oil prices on the European vegetable oils market remained firm on Monday, following gains in Malaysian palm oil futures supported by bullish news, including lower Malaysian output and stocks in January.
Read MoreMPOB said CPO production for the month slid by 16.80%, or 249,864 tonnes, to 1.24 million tonnes from 1.49 million tonnes in the preceding month.
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Read MoreCrude palm oil production was down 16.8% in January from December to 1.24 million tons, while palm oil exports fell 12.94% to 1.17 million tons, the Malaysian Palm Oil Board (MPOB) said.
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