Palm Oil Dips as as Soy Bean Oil Generates Headwinds for Vegetable Oil Complex

Palm oil prices edged lower in the week heading into the holidays.  Volume has remained subdued, as a combination of South American weather and the strength of the dollar are driving vegetable oil prices. Soybean oil prices are tumbling and are down near 7% so far in December, which is dragging down the rest of the complex.

The focus for traders in the short term remains the…