(Bloomberg) -- Palm oil futures, on the Malaysia
Derivatives Exchange, which trades the benchmark contract, fell
for a fifth day as some investors judged the prices to be high
given a forecast rise in supply of vegetable oils.
Argentina, the third-biggest soybean producer, may have a
record harvest, the Buenos Aires Cereals Exchange said June 22.
Soybean oil is the second most consumed cooking oil after palm
oil, the supply of which typically rises in the second half.
Read more at Bloomberg Commodities News
Derivatives Exchange, which trades the benchmark contract, fell
for a fifth day as some investors judged the prices to be high
given a forecast rise in supply of vegetable oils.
Argentina, the third-biggest soybean producer, may have a
record harvest, the Buenos Aires Cereals Exchange said June 22.
Soybean oil is the second most consumed cooking oil after palm
oil, the supply of which typically rises in the second half.
Read more at Bloomberg Commodities News
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