date:Feb 11, 2014
lift soyoil prices, and could make buyers switch to the cheaper palm oil instead, as both edible oils are commonly substituted for each other. The most active May soybean oil contract on the Dalian Commodities Exchange and US soyoil contract for March both gained 1.4 percent in late Asian trade. A slight recovery in exports in the first 10 days of February also raised hopes of improving food and fuel demand for palm, although traders said export volumes will have to pick up faster to have any b