Palm oil on European vegoil market lower
date:Jul 07, 2014
palm oil futures closed nine to 25 ringgit a tonne down with buying interest curbed as the ringgit hit its highest in more than seven months. Liquid oils - EU rapeoil, soyaoil and sunoil - were offered in a tight range at both sides of unchanged due to the absence of direction from Chicago markets.

Coconut oil was quoted between $5 and $45 a tonne down from with sellers still outnumbering buyers and a brighter global oilseed supply outlook weighing on prices. Palmkernel oil hardly moved due t
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