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Palm extends losses on expectations of record October inventories

KUALA LUMPUR: Malaysian palm oil futures slipped more than 1% to hit mid-June lows on Wednesday, as expectations of record-high stockpiles and weaker Dalian palm olein weighed on prices. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 55 ringgit, or 1.21%, to 4,496 ringgit ($1,103.31) a…

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