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Palm oil hits 10-week lows after Reuters exclusive on China completing purchases 01.27.2010 Malaysian palm oil futures dropped to ten-week lows on Jan 27 after Chinese and Singaporean traders told Reuters exclusively that China, the world’s No. 2 vegetable oil buyer, has met its palm oil demand requirements for the Lunar New Year festival. China’s festive demand often lifts prices but news of China finishing its stockpiling prompted traders to say demand outlook would be rather cloudy. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Commodities & Energy

Energy, metals, agricultural and environmental markets

Palm oil hits 10-week lows after Reuters exclusive on China completing purchases

01.27.2010

Malaysian palm oil futures dropped to ten-week lows on Jan 27 after Chinese and Singaporean traders told Reuters exclusively that China, the world’s No. 2 vegetable oil buyer, has met its palm oil demand requirements for the Lunar New Year festival. China’s festive demand often lifts prices but news of China finishing its stockpiling prompted traders to say demand outlook would be rather cloudy.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here