Palm Oil Prices Rebound Ahead of Malaysia Biodiesel Mandate

Crude palm oil prices moved higher on Thursday, after sliding to a weekly low earlier in the week.  Palm oil prices were buoyed by a weak Malaysian Ringet which saw loses following broad based gains in the US dollar.  Negotiations between Greece and the rest of Europe about the county’s debt payments have weighed on the Euro allowing the US dollar to gain traction. Stronger than expected housing…