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Breaking News-RTRS-Europe oils-Rising stocks hit palm but EU demand may pick up

Posted by Flora Sawita Labels:

AMSTERDAM, Sept 11 (Reuters) - Concerns about rising stocks and weaker export figures were weighing on palm oil markets, but a possible pickup in European demand in coming months may limit the downward potential of prices, traders said on Friday.
Strong demand from China and India over the summer has bolstered prices, but traders said demand from these regions is tapering off with the end of festival seasons.

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