ITS Cargo Surveyor : Export up 4.41% for the period of : 1~31 July 2010
Soyoil futures rose in unison with the rest of the soy complex, rallying to 3-month highs. The market was buoyed by speculative and technical buying spreading through grain and oilseed futures, analysts said. December soyoil settled 0.55 cents or 1.4% higher at 40.55 cents per pound.(Source: CME)
Palm oil climbs on weather worry, eyes exports data
JAKARTA, July 30 (Reuters) - Malaysian crude palm oil was steady, supported by gains in soybean and uncertainty over grains crop harvests due to adverse weather which would slow global vegetable oil supplies.
"The market is still supported by external factors such as firm soybean markets and weather concern," said a trader at in a foreign commodities brokerage firm.
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