Palm oil may slide further to RM2,256-2,274
SINGAPORE (Jan 30): Palm oil may slide further into a range of RM2,256-2,274 per tonne, following its failure to break a resistance at RM2,322. The resistance is identified as the 276.4% projection level on an uptrend from RM1,979. The failure to overcome this barrier has triggered a decent correction, which may develop further, after extending below the support at RM2,304.
