Commodity Capsule: Palm oil faces weekly slump amid global oil weakness
Zee Business Video Team | Updated: September 8, 2023 10:04 PM IST
Palm oil prices are set for their first weekly decline in four, dragged down by weakness in global rival oils. Sugar prices, on the other hand, have been in rally mode this week, with NY sugar climbing to a 4-1/2 month high Tuesday and London sugar posting a 12-year high.
