date:Jul 28, 2014
Palm oil on the European vegetable oils market fell slightly on Friday, tracking easier Malaysian palm oil futures on lower than expected exports during the first 25 days of July. The Malaysian palm oil futures market will be closed for end of Ramazan celebrations, the Eid-ul-Fitr holiday, on Monday and Tuesday.
Palm oil dropped a tad as exports slowed during the month so far. Many dealers believe that production could outpace demand in July, which would lead to growing Malaysian palm oil stoc