Breaking News-RTRS-INTERVIEW-UPDATE 1-Palm oil's discount to soyoil to stay narrow

KUALA LUMPUR, March 3 (Reuters) - Cash palm oil prices will keep their discount to South American soyoil well below $100, driven by stronger vegetable oil demand as soyoil supply growth will be limited, a top analyst said on Wednesday.
Argentine soyoil now retails at $845 a tonne free on board (FOB), just $30 higher than Malaysian refined palm olein -- the limit to which the discount would narrow to, the head of German-based Oil World Thomas Mielke said.