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JAKARTA, Nov 05 (BBJ-JFX) - Higher Crude Oil & Soy oil yesterday support Palm oil Market, but profittaking & lower soy oil CBOT electronic sesion capped the gains.
December soybean oil at the Chicago Board of Trade Fell 0.21 to 35.76 per-pound in Asian trade today. Overnight, December Soybean Oil finished up 1.23 point to 35.97 cent per-pound.
The Nymex, benchmark light, sweet crude for December delivery down as $1.61 to $68.92 a barrel after-hours electronic trading. Yesterday, oil rose $6.62 to settle $70.535 a barrel.
The benchmark Januari contract on the Bursa Malaysia Derivatives
Exchange (CPO BMD) up 97 ringgit t0 1675 a mectric tons.