date:Jan 08, 2014
Dec. 20.
Total traded volume stood at 28,972 lots of 25 tonnes,slightly below the usual 35,000 lots.
Technicals showed Malaysian palm oil may end its currentdowntrend around a support at 2,570 ringgit per tonne, asindicated by its wave pattern and a Fibonacci retracementanalysis, Reuters market analyst Wang Tao said.
In other markets, Brent oil futures climbed above $107 abarrel on Tuesday after five consecutive sessions of losses, asinvestors weighed mixed signals from Libya and as cold we