Palm Oil to Test Support Levels Strong Resistance Seen at Malaysian Ringgit 2,185-2,195 Levels
28/10/2014 (Hindu Business Line) - Crude palm oil futures on Bursa Malaysia Derivatives were lower on Monday as falling soya futures weighed on sentiments. Prospects that farmers in the US mid-west would eventually speed up harvesting pushed prices lower. The recent rally in soya futures was due to delay in harvest. Weather could, however, offer some support going forward for CPO futures.
