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Palm oil hits highest since 2024 as biofuels, El Niño cut supply

Futures in Kuala Lumpur rose as much as 0.7% to 4 927 ringgit a ton on Thursday, the highest intraday level since December 2024.

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Rumo Rail Sale Enters Final Phase With Four Names in the Race

Cosan has confirmed it is selling part of its stake in Brazil's largest rail operator. The published stake sizes do not agree with each other.

  • Cosan selling stake in Rumo, Brazil's largest railway company
  • Four potential buyers: Grupo México, Inpasa, Bunge, Cofco
  • Rumo's stake in Cosan valued at 5.3 billion reais

More from Thursday 20 August →