Palm Oil Surges to Highest Since March After US Slashes Soy Area
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By: Napat Kongsawad & Anuradha Raghu (Bloomberg) BANGKOK/KUALA LUMPUR (July 3): Palm oil jumped more than 5% to inch closer to RM4,000 a ton after a US acreage report showing smaller-than-expected soybean plantings shocked crop markets and sent prices of…