date:Jul 07, 2014
Palm oil on the European vegetable oils market eased slightly on Friday because of weaker Malaysian palm oil futures. The firm ringgit made palm oil more expensive for players holding other currencies, but it weighed on palm oil futures because of worries over dwindling demand, one broker said. Markets were lacklustre due to the absence of direction from Chicago markets because of Independence Day holiday.
Palm oil was offered between unchanged and $5 a tonne down from Thursday after Malaysian