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Crude Palm Oil Falls For Third Day In Row; Europe Debt Concerns
News Source: Crude palm oil futures on Indonesian’s derivatives exchange fell for the third consecutive day Wednesday on fears that the debt crisis in the euro zone may curb commodity demand. Weak external equity markets and broad weakness in rival soyoil also pressured prices, trade participants said. The benchmark February contract on the Bursa Indonesian … Continue reading
Crude Palm Oil Falls; Two-Week Low On Economic Worries, Exports
News Source: Crude palm oil futures on Malaysia’s derivatives exchange fell for the fourth consecutive day Thursday as investors reacted to escalating concerns about Europe’s debt problems and likely lower demand. A German bond auction Wednesday failed to draw bids for the full amount of debt offered and negative news on China’s growth sparked a … Continue reading
Crude Palm Oil Falls Despite Lower Output; Euro-Zone Debt In Focus
News Source: Crude palm oil futures on Malaysia’s derivatives exchange fell for the fifth consecutive day as investors focused on Europe’s debt problems, ignoring slowing production following a seasonal drop in yields The benchmark February contract on the Bursa Malaysia Derivatives exchange ended 1.3% or MYR39 lower at MYR3,069 a metric ton after falling to … Continue reading
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