(Bloomberg) -- Palm oil futures in Malaysia, the
benchmark for the commodity, rose after exports from the
Southeast Asian nation picked up, indicating higher demand with
the approach of major festivals across Asia in the second half.
This year, China and Chinese people around Asia celebrate
the mid-autumn harvest in September, while Hindus mark their new
year in November. Muslims will fast for a month from mid-
September, starting and ending each day with communal meals.
Most palm oil is used in cooking.
Read more at Bloomberg Commodities News
benchmark for the commodity, rose after exports from the
Southeast Asian nation picked up, indicating higher demand with
the approach of major festivals across Asia in the second half.
This year, China and Chinese people around Asia celebrate
the mid-autumn harvest in September, while Hindus mark their new
year in November. Muslims will fast for a month from mid-
September, starting and ending each day with communal meals.
Most palm oil is used in cooking.
Read more at Bloomberg Commodities News
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