Wow: Benchmark Malaysian #PalmOil futures rose past 7,000 ringgit/tonne on Wed. The 6,000-mark was first reached just a week ago, the 1st 5,000 in October.

Palm oil is the most widely used vegetable oil. Prices have spiked w/ most sunflower oil trade (15% of vegoil total) offline.

#FoodPrices