date:Sep 24, 2012
Malaysian palm oil futuresdropped on Friday to their lowest in more than 11 months,posting their worst week since March last year as rising
inventories and overnight losses in U.S. soybeans weighed onprices.
The brisk pace of the U.S. soybean harvest and globaleconomic concerns dragged down palm oil prices, which havealready come under pressure due to worries inventory levels inkey producer Malaysia could climb above 2.2 million tonnes inSeptember, which would be the highest level seen this yea