1:50 pm SGS export data : Down 14.9% to 939,456 tonnes for the period of 1~25 Aug 2010.
10:07 am ITS export data : Down 7.6% to 992,319 tonnes for the period of 1~25 Aug 2010.
Soy-product futures ended mixed, with the unwinding of meal/oil spreads supporting soyoil futures. Soymeal followed soybeans lower on seasonal pressure, while soyoil climbed as traders reduced risk exposure in soymeal by liquidating some meal/oil spreads. December soyoil settled 0.24 cent, or 0.6%, higher at 40.06 cents per pound. December soymeal ended $5.20, or 1.8%, lower at $289.70 per short ton.(Source: CME)
Palm oil drops 0.6 pct on technicals, weak demand
KUALA LUMPUR, Aug 24 (Reuters) - Malaysian crude palm oil futures fell 0.6 percent on technical selling and a slowdown in demand thanks to a surge in cash prices.
"Looking at the current scenario, the physical market is a bit quiet. Destination interest is mute for the time being," said a trader in Kuala Lumpur.
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