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JAKARTA, Aug 25 (BBJ-JFX) - Palm oil prices lower on Malaysia's Export Data, weak soy oil and crude oil.
The Cargo surveyor Intertek Testing Services estimated Malaysia's palm oil exports in the August 1-25 period at 1.25 juta tons, up 1% from the estimated for the same period in July. The figure is below market expectation of 1.20 million tons.
December soybean oil at the Chicago Board of Trade up 0.57 to 55.50 per-pound in Asian trade today. Overnight, December Soybean Oil finished Fell 1.42 point to 54.93 cent per-pound.
The Nymex, benchmark light, sweet crude for November delivery up as 46 cent to $125.89 a barrel after-hours electronic trading. The contract Fell $6.59 to settle $125.89 a barrel on Aug 22.
The benchmark November contract on the Bursa Malaysia Derivatives Exchange (CPO BMD) down 87 ringgit t0 2628 a mectric tons.
The Cargo surveyor Intertek Testing Services estimated Malaysia's palm oil exports in the August 1-25 period at 1.25 juta tons, up 1% from the estimated for the same period in July. The figure is below market expectation of 1.20 million tons.
December soybean oil at the Chicago Board of Trade up 0.57 to 55.50 per-pound in Asian trade today. Overnight, December Soybean Oil finished Fell 1.42 point to 54.93 cent per-pound.
The Nymex, benchmark light, sweet crude for November delivery up as 46 cent to $125.89 a barrel after-hours electronic trading. The contract Fell $6.59 to settle $125.89 a barrel on Aug 22.
The benchmark November contract on the Bursa Malaysia Derivatives Exchange (CPO BMD) down 87 ringgit t0 2628 a mectric tons.
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