Tuesday, November 11, 2008

Breaking News-RTRS-Palm may slide to 1,200 rgt if crude hits $50 - Mistry

KUALA LUMPUR, Nov 11 (Reuters) - Malaysian crude palm oil futures could slide by a quarter to 1,200 ringgit per tonne if U.S. crude oil prices decline to $50 a barrel while the health of the global economy worsens, top industry analyst Dorab Mistry said on Tuesday.