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-DAWN - Business; January 16, 2008

Published January 16, 2008
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KUALA LUMPUR, Jan 15: Malaysian crude palm oil futures fell almost two per cent on Tuesday, recoiling from historic highs hit the day before as dismal export data from cargo surveyors spurred investors to book profits.

But palm oil prices, up nearly 10 per cent since the start of the year, were supported by a supply squeeze resulting from last year
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