PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 14 May 2024

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MARKET DEVELOPMENT
MARKET TALK: No Impact Expected From USDA Soy Repo
calendar10-12-2004 | linkDow Jones | Share This Post:

09/12/04 (Dow Jones)--USDA 2004-05 soybean crop report due Friday unlikelyto influence edible oil prices as no big changes in figures expected,analysts say. USDA likely to wait until January report for majoradjustments. USDA report typically closely watched by soyoil market, whichin turn affects direction of palm oil, palm oil traders say.