Breaking News-RTRS-Hwang DBS raises palm oil forecasts, eyes currency impacts

KUALA LUMPUR, April 22 (Reuters) - Hwang DBS raised its crude palm oil price assumptions for 2010 to 2,460 ringgit ($769.2) from 2,380 ringgit on lower inventories.
But the rise was weak as the investment bank also priced in palm oil's narrower discount to rival soyoil. Here are some highlights on the impact of various currencies on palm oil: * Stronger yuan should make palm and soybean oils cheaper in China. But as imported soybeans are already cheaper; a yuan revaluation may prompt measures to protect domestic interests to keep domestic prices from dropping too much.