Palm oil Slightly Lower & Rangebound Midday (Mar 11) on Profittaking & Crude Oil | BBJ

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JAKARTA, Mar 11 (BBJ-JFX) - Palm oil Prices price slightly lower & rangebound on both Profittaking and lower crude oil, after sharply higher on yesterday.

The Nymex, benchmark light, sweet crude for April delivery down as 3 cent to $45.74 a barrel after-hours electronic trading. Yesterday, oil fell $1.36 to $45.71 a barrel.  

April soybean oil at the Chicago Board of Trade up 0.21 to 31.19 per-pound in Asian trade today. Overnight, April Soybean Oil finished rose 0.21 point to settl 30.72 cent per-pound.

The benchmark May contract on the Bursa Malaysia Derivatives Exchange (CPO BMD) down 5 ringgit t0 1990 a mectric tons.

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