Palm Oil Futures Fall on Wednesday Morning as Crude Oil Weakens Amid Iran Tensions

GateNews
According to Jin10 Futures, palm oil futures on Malaysia's Derivatives Exchange declined slightly on Wednesday morning (May 20), ending a three-day rally. The decline was driven by weakening crude oil prices following U.S. President Trump's statement that a conflict with Iran would resolve "very quickly." Separately, Indonesia plans to strengthen controls over exports of commodities including coal and palm oil, according to media reports citing sources familiar with the matter.
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