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Crude palm oil fell for a fourth time in five sessions, with traders focused on rising output and falling soybean oil contracts. Analysts expect a short-term trading range of 2,500 to 2,560 ringgit per ton, with support near 2,475.
Expected seasonal production increases and weaker soyoil prices point to continued softness in palm oil values in the near term.
en.infosawit.comNov 27, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
