Tuesday, 1 March 2011
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Palm Oil Tracks Crude Higher on Concern Mideast Unrest to Spread
Palm oil climbed the most in a month as soybeans and crude oil advanced on speculation that the turmoil that has cut Libya's crude production may disrupt more Middle East supplies. The May-delivery contract rose 2.1 percent to 3,546 ringgit ($1,169) a metric ton on the Malaysia Derivatives Exchange, the biggest gain since Feb. 2. Futures fell 8.9 percent in February, the first monthly decline
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