Vegoils commentary: CPO down on weaker rival oils, profit-taking; soyoil up on stronger crude oil

Vegoil markets traded in opposite directions on Tuesday February 18. In Asia, crude palm oil (CPO) futures slipped following pressure from weaker related oils and as market participants assessed the latest production and export data indications. Soyoil futures climbed on the Chicago Mercantile Exchange, supported in part by a strength in crude oil.