Palm Oil Futures in Dalian Drop to Lowest Since September 2010

Palm oil for January-delivery fell as much as 2.8 percent to 7,614 yuan a ton on the Dalian Commodity Exchange, the lowest for the most-active contract since Sept. 30, 2010, before trading at 7,624 yuan at 11:28 a.m. Singapore time. Soybean oil for the same month dropped as much as 2.1 percent to 8,962 yuan a ton, the lowest since Jan. 19.

To contact the reporter on this story: Ranjeetha Pakiam in Kuala Lumpur at rpakiam@bloomberg.net

To contact the editor responsible for this story: Thomas Kutty Abraham at tabraham4@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.