| From Businessweek.com: Palm oil demand will expand faster than output this year as El Nino curbs supply and Asian consumption expands, TransGraph Consulting Pvt. said.
Global demand will rise 6.2 percent to 46.8 million metric tons in the year ending Sept. 30, from 44.1 million tons a year earlier, said Nagaraj Meda, managing director at Hyderabad-based TransGraph, which says it advises commodity suppliers and buyers including Bunge Ltd.’s India unit. Output will rise 5.9 percent to 47.4 million tons, he said..............................................Full Article: Source
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