Tuesday, March 30, 2010

DJ MARKET TALK: CBOT Soyoil Rise May Support CPO Futures

[Dow Jones] Higher soyoil on CBOT may support BMD CPO futures, traders say.  "Ongoing concern over the Argentine port strike lifted soy prices, which is positive for CPO," says analyst in Singapore. May CBOT soyoil finished 32 points higher at 39.27 cents/pound overnight; down 4 points on e-CBOT.

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