My Trader's View

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Tuesday, August 4, 2009

Breaking News-RTRS-Palm premium over crude to rise on stocks-Fry

KUALA LUMPUR, Aug 4 (Reuters) - An unseasonally low rise in Malaysian palm oil stocks this year will boost the premium of palm over crude oil prices, meaning palm could rise over $800 a tonne by the end the year with Brent crude oil at $70, a top industry analyst said late on Monday.

futuresblog at 1:51 PM

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