Breaking News-RTRS-Palm oil's discount could spur demand in Europe

AMSTERDAM, Oct 24 (Reuters) - Palm oil's discount to other vegetable oils could attract buyers in Europe but high stock levels, a strong dollar and general financial turmoil are likely to keep prices under pressure, market experts said.
"The only bullish aspect of palm oil at the moment is its continued discount to other oils. When the spread becomes more than $200 a tonne it's bullish for palm as people then turn to the cheapest product," a European vegetable oils trader said.