Palm oil falls in Asian trading, tracking lower soybean oil prices overnight on the Chicago Board of Trade. Lower crude oil prices could also weigh on CPO prices as softer energy prices reduce palm oil's attractiveness as a biofuel feedstock. However, the recent ringgit weakness could provide some support, making Malaysian palm oil more competitive for overseas buyers, PhillipCapital says in a note. PhillipCapital expects prices to face resistance at 4,700 ringgit a ton and find support at 4,433 ringgit a ton. The Bursa Malaysia Derivatives contract for September delivery is 11 ringgit lower at 4,546 ringgit a ton. (yingxian.wong@wsj.com)