Weak soy markets drag palm oil from 2-month high
date:May 31, 2013
Malaysian palm oil futuresedged down on Thursday, slipping from a two-month high hit theday before as weaker overseas markets and slower demand for
commodities weighed on the tropical oil, and as investors bookedprofits.

Soy markets in the United States, tracked by palm, extendedlosses from the previous day following news that China, theworld's largest buyer of soybeans, had cancelled a 147,000 tonneorder for U.S. soy.

The benchmark August contract on the Bursa MalaysiaDerivatives Exchange en
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