SGS CPO export down 10.48% to 924,844 tonnes for the period of 1~20 Dec 2011.
Soybeans (Source: CME)
US soy futures end higher, supported by the positive influence of external financial markets and lingering concerns about weather threats for South American crops. Short-covering also underpinned prices as traders reduced risk exposure ahead of Christmas and year-end. But as a broader cross-asset rally kept soy sellers idle, advances were limited by traders unwilling to take on risk in thin holiday trade, analysts note. CBOT March soybeans ended up 7 3/4c at $11.54 1/2 a bushel.
Soybean Meal/Oil (Source: CME)
March soymeal climbed $2.70 to $299.20/short ton and March soyoil rose 0.33c to 49.75c/pound.
Global economic fears, slow exports drag on palm oil
KUALA LUMPUR, Dec 20 (Reuters) - Malaysian crude palm oil futures dropped on slowing exports in December and nagging concerns over the deepening euro zone debt crisis that may curb global economic growth and commodity demand.
"External factors are in play. It is still a range play for palm oil at 3,005 ringgit to 3,020 ringgit with no direction," said a trader with a local commodities brokerage.
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