Bloomberg News

Palm Oil Futures in Dalian Drop to Lowest Since September 2010

June 03, 2012

Palm oil for January-delivery fell as much as 2.8 percent to 7,614 yuan a ton on the Dalian Commodity Exchange, the lowest for the most-active contract since Sept. 30, 2010, before trading at 7,624 yuan at 11:28 a.m. Singapore time. Soybean oil for the same month dropped as much as 2.1 percent to 8,962 yuan a ton, the lowest since Jan. 19.

To contact the reporter on this story: Ranjeetha Pakiam in Kuala Lumpur at rpakiam@bloomberg.net

To contact the editor responsible for this story: Thomas Kutty Abraham at tabraham4@bloomberg.net


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