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Soyoil, palm extend rally. Wheat joins in too
date:Dec 08, 2015

Soyoil started the week where it left off the last one, feeling support. But can it last?
A small rise in the dollar, with a US interest rate increase expected next week, didnt make it so easy for dollar-denominated commodities to gain, in rendering them less affordable as exports.
But for soyoil, it is a matter of potentially reduced US imports which is helping the vegetable oil, besides the El Nino concerns which gave a boost to futures in rival vegetable oil palm oil, up 2.7% at 2,430 ringgi

12/18 05:42