Soybean Oil Adds to Downward Pressure on Palm Prices 

Continued pressure on bean oil has been weighing on palm oil prices, with traders waiting for additional information which will depend on Malaysian Palm Oil Board’s data on palm oil production, exports and inventories to be released on Saturday.  The unwind of the oil share position in the hedge fund space has generated a liquidation for oil seeds. 

Managed money is purchasing meal which is…