(Bloomberg) -- Palm oil futures on the Malaysia
Derivatives Exchange, which trades the benchmark contract, fell
for a second day on concern over falling exports and a forecast
rise in supply of soybeans, which can be used as a substitute.
Shipments from Malaysia, which with Indonesia produces
almost 90 percent of global output, fell 11 percent in the first
25 days of June from the previous month, Intertek Malaysia said.
Argentina, the third-biggest soybean producer, may have a record
harvest, the Buenos Aires Cereals Exchange said on June 22.
Read more at Bloomberg Commodities News
Derivatives Exchange, which trades the benchmark contract, fell
for a second day on concern over falling exports and a forecast
rise in supply of soybeans, which can be used as a substitute.
Shipments from Malaysia, which with Indonesia produces
almost 90 percent of global output, fell 11 percent in the first
25 days of June from the previous month, Intertek Malaysia said.
Argentina, the third-biggest soybean producer, may have a record
harvest, the Buenos Aires Cereals Exchange said on June 22.
Read more at Bloomberg Commodities News
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