Weak soy markets drag palm oil from 2-month high
date:May 31, 2013
ded 1.1 percent lower at 2,372 per tonne.

Prices traded in a tight 2,371-2,396 ringgit range, while totaltraded volumes stood at 22,280 lots of 25 tonnes each, justbelow an average 25,000 lots.

The market has been going up for so many days -- today it'sthe first day down, following weaker overseas markets, said atrader with a foreign commodities brokerage.

The market is also down due to a technical correction andprofit taking, he added.

Palm prices touched 2,420 ringgit on Wednesday, theirh
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05/11 06:30