Palm oil Prices Higher Midday (Mar 13) on Shortcovering, crude Oil And Soy Oil | BBJ

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JAKARTA, Mar 13 (BBJ-JFX) - Palm oil Prices higher on after yesterday's sharp fall, positif lead higher overnight crude oil and soy oil.  

The Nymex, benchmark light, sweet crude for April delivery up as 13 cent to $47.20 a barrel after-hours electronic trading. Yesterday, oil rose $4.70 to $47.03 a barrel.

March soybean oil at the Chicago Board of Trade down 0.12 poin to 30.26 per-pound in Asian trade today. Overnight, March Soybean Oil finished rose 0.47 point to settl 30.11 cent per-pound.

The benchmark May contract on the Bursa Malaysia Derivatives Exchange (CPO BMD) up 42 ringgit t0 1962 a mectric tons.

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