20 September 2012 10:51 [Source: ICIS news]
The upbeat export data, however, failed to lift the crude palm oil (CPO) futures in Malaysia as better-than-expected soybean harvests in the US has dampened the sentiment of investors, traders said.
The market had earlier expected the drought in the
Traders are also worried about a possible increase in
The benchmark December contract on the Bursa Malaysia Derivatives Exchange fell for a third session on 20 September to settle down by ringgit (M$) 31/tonne ($10/tonne) at M$2,828/tonne.
($1 = M$3.06)
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