Breaking News-RTRS-UPDATE 1-Palm futures may hit 3,000 rgt on crude oil-Fry

JAKARTA, May 28 (Reuters) - Malaysian crude palm oil futures may hit 3,000 ringgit if crude oil markets continue to rise, top industry analyst James Fry said on Thursday, although he declined to give a timeframe.
"I myself would say the price will be 3,000 ringgit but it depends on crude oil, not vegetable oil," Fry, chairman of London-based commodities consultancy LMC International, told reporters on the sidelines of a conference in the Indonesian capital.