BMD CPO falls on "renewed selling pressure" due to a sharp drop in Malaysia's Dec. 1-15 palm oil exports, a Kuala Lumpur-based trader says; persistent euro-zone debt concerns and a stronger dollar also weigh. However, downside will likely be limited due to weather-related production risks in Malaysia, he adds, tipping immediate support at MYR2,980/ton. Cargo surveyor Intertek Agri Services estimated Dec. 1-15 palm oil shipments at 668,385 tons, down 17% on month; some industry executives had expected a 5%-7% fall. Another surveyor, SGS (Malaysia) Bhd., is scheduled to release Dec. 1-15 shipment data in the afternoon. Benchmark February CPO is trading MYR58 lower at MYR2,994/ton. Full Story