Palm Oil Posts Worst Start to Year Since 2010 as Demand Slows
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Palm oil capped the biggest January decline since 2010 as demand weakens amid a supply glut.
Futures dropped 5.3 percent this month, the most since November, as a slump in exports from Malaysia, the largest producer after Indonesia, signals a slowdown in demand. Output in the two top suppliers is set to climb to a record this year.