| From Thestar.com.my: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives (BMD) plunged to a 19-month low during the three-day trading week. Renewed selling interest emerged following weakness in the Chicago Board of Trade soyoil futures, retracement in crude oil prices and concerns over rising palm oil stocks and declining demand.
Societe Generale de Surveillance (SGS) said exports in September fell 18.8% to 1.209 million from 1.488 million tonnes a month earlier. The export numbers were lower than earlier trade expectations and increased fears of a sharp stock build-up to near the two-million-tonne level at end-September..... Full Article: Source
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