| 15.05.2012 - Palm oil plunges most in 14 months on Europe debt crisis |
| Palm oil slumped the most in more than 14 months on concerns that an escalating debt crisis in Europe and a deepening economic slowdown in China may curb demand for commodities. July-delivery palm oil lost 3.8 percent, the most for the most active contract since Feb. 23, 2011, to end at 3,150 ringgit ($1,022) a metric ton on the Malaysia Derivatives Exchange. That’s the lowest close since Feb. 10...............................................Full Article: Source |