China Palm Oil Price To Go Down with Adequate Stocks

By CnAgri2013-08-09 11:02:13 Print Palm Oil: Palm oil price rose this week. It is the high-yield season in palm oil producing countries currently and the inventories shall increase again with demand decline from southeastern Asia. Since China palm oil stocks are at high level and supply of other oil is adequate, it is predicted palm oil price shall go down with fluctuation later. (Figure 12)



From “China Oil and Oilseeds Market Weekly Report”