vegoil machines-palm slips on weak soy crude; hopes for weaker

oedigitalVEGOILS-Palm oil slips on profit-taking, weaker Chicago soyoil

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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YahooVEGOILS-Palm slips on weak soy, crude; hopes for weaker

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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AgriCensusVegoils commentary: CPO down on weaker rival oils, profit

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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VEGOILS-Palm falls on weaker overnight U.S. soyoil, crude oil

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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World Energy NewsVEGOILS-Palm Closes Higher Despite Weak Soyoil,

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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marketscreenerVEGOILS-Palm slips on weak Chicago soyoil and crude oil,

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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ロイターVEGOILS-Palm slips on poor export data, weak overseas soy

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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Yahoo News UKVEGOILS-Palm slips to near 3-week low on weak soy, prices

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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Yahoo FinanceVEGOILS-Palm slips to near 3-week low on weak soy, prices

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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AgriCensusVegoils commentary: CPO down on weaker rival oils, profit

vegoil machines-palm slips on weak soy crude; hopes for weaker
                                               
                                               
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  • Why is palm oil less attractive as a biodiesel feedstock?
  • Palm oil is less appealing as a biodiesel feedstock due to the weaker crude oil futures. The palm ringgit's trade currency strengthened by 0.51% versus the dollar. This made the commodity more costly for buyers who hold foreign currencies. A survey shows that Malaysian palm oil inventories will fall in December.
  • Why did palm oil price fall?
  • David Ng, a proprietary trading at Kuala Lumpur's Iceberg X Sdn. Bhd., said that the price of crude palm oil fell due to lower soybean oil prices in Asian hours and a slow export pace.
  • Why are palm oil inventories falling in December?
  • The palm ringgit's trade currency strengthened by 0.51% versus the dollar. This made the commodity more costly for buyers who hold foreign currencies. A survey shows that Malaysian palm oil inventories will fall in December. This is the third consecutive month they have fallen.
  • Why did the price of palm oil rise in Malaysia?
  • The price of palm oil in Malaysia rose on Tuesday after a period of declines. However, weak soyoil and a weakened export demand limited gains. At the close, the benchmark March palm oil contract on Bursa Derivatives Exchange rose 35 ringgit or 0.81% to 4,373 Ringgit ($975.03) per metric ton. The contract lost 0.69% the previous session.
  • Will Malaysian palm oil inventories fall in December?
  • A survey shows that Malaysian palm oil inventories will fall in December. This is the third consecutive month they have fallen. The reason for this is due to the recent heavy rains which affected harvest. ($1 = 4.4850 ringgit) (source: Reuters)