Palm Oil Climbs Buoyed by Soy Bean oil and a Weaker Dollar

Palm oil prices continue to grind higher, as soy bean oil prices are elevated by a break out in soy bean prices. Soybean hit a six-month high as rainfall swamps fields in Argentina, sparking speculation that  crop shortfalls there could reduce world output. President Elect Trump’s comments on the dollar which led to a drop in its value also helped palm oil prices get a foot hold.

Prices have…