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Commodities Briefing - Categorized | Agriculture, Market Pulse, Price Watch more

Palm oil is seen rebounding after recent price decline

Posted on 17 October 2012

Palm oil prices may rebound “in the medium term” as consumer demand increases after prices dropped, Oil World said. World palm oil exports may total 42.57 million metric tons in the 2012-13 season that began Oct. 1, up 5.8 percent from 40.24 million tons a year earlier, the Hamburg-based researcher said today in an e-mailed report.
Combined exports of soybean oil, rapeseed oil and sunflower seed oil may be 19.12 million tons, 5.4 percent smaller than a year earlier, Oil World said………………………………………..Full Article: Source


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