[Dow Jones] Rise in soyoil may spur buying interest on CPO futures today, says Singapore-based trading executive, adds improving soyoil demand, higher crude oil support rise in prices. July soyoil finished 20 points higher on CBOT at 36.67 cents/pound overnight; last trading 1 point higher on e-CBOT. Palm prices generally move in tandem with soyoil as they compete for similar export destinations. (shie-lynn.lim@dowjones.com)
Call us in Kuala Lumpur: +(603) 2026 1233
(END) Dow Jones Newswires
06-08-10 2159ET
Copyright (c) 2010 Dow Jones & Company, Inc.
No comments:
Post a Comment