Palm oil futures slide from 6 month high

In Malaysia, Bloomberg reports that palm oil futures slid back from six month highs on Monday as crude oil prices retreated following an uneventful report from China that was widely thought to boost demand that then weighed on soybean oil prices in the US and China. Even though prices fell off for palm oil, their fundamentals are constructive and likely to see a come back thanks to rising exports from Malaysia matched with falling production.