Malaysian palm oil futures ended higher on Wednesday, rebounding - TopicsExpress

Malaysian palm oil futures ended higher on Wednesday, rebounding from the previous sessions slide to an over-9-month low, as a recovery in comparative soy markets and a weaker ringgit provided some relief to the tropical oil. U.S. corn and soybean futures rose on Wednesday in a light bounce after setting multiyear lows a day earlier, but farmer selling and expectations of near-record U.S. harvests limited gains. U.S. crude oil rose more than $1 on Wednesday, rebounding from recent steep drops after government data showed the countrys crude stockpiles fell sharply last week.

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