Palm Oil Falls on Cautious Sentiment, AmInvestment Bank Says
AmInvestment Bank says crude palm oil futures may rebound near term but remain in a broader downtrend.
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Palm Oil Falls Amid Cautious Sentiment, AmInvestment Bank Says
AmInvestment Bank says palm oil prices remain vulnerable to further selling pressure. Market direction will depend on prices for palm oil in Dalian, soybean oil in Chicago and crude oil.
Palm Oil Falls, Tracking Softer Soybean Oil Prices — Market Talk
Palm oil falls in Asian trading, tracking declines in soybean oil on the Chicago Board of Trade overnight. Technical analysis also indicates cautious sentiment, AmInvestment Bank says in a note. Still, crude palm oil futures could witness bargain hunting after recent losses. India's lower import du…