Jumat, 06 Februari 2009

Dow Jones Higher Soyoil May Push CPO above MYR1,900/ton

[Dow Jones] Higher soyoil may push up CPO above MYR1,900/ton, say traders. "Concerns persist over the poor condition of the soybean crop in Argentina, which is pushing up vegetable oil prices," says Malaysia-based trading executive. March soyoil finished 70 points higher yesterday at 33.05 cents/pound.

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