Thursday, April 1, 2010

Breaking News-RTRS-Europe oils-Palm oil prices in Europe edge up in Q1

AMSTERDAM, March 31 (Reuters) - Prompt prices for crude palm oil in Europe rose slightly in the first quarter of 2010, boosted by firmer crude oil and dollar weakness, though slower demand from the energy and feed sectors has limited gains.
Prompt crude palm oil was offered at $817.50 a tonne cif Europe on Wednesday, up 1.6 percent since the end of 2009, helped by rallying crude oil prices but faced with slowing demand from consumers.