Palm Oil Price Rebounds with Output Reduction in Malaysia

By CnAgri2013-10-24 11:16:08 Print Palm Oil: Palm oil price increased this week. Since palm oil output is lower than expected in Malaysia, the price rebounds, driving China palm oil price to go up, but the rebound space is limited. In spite China palm oil stocks declined slowly but were still at a high level. In short terms, palm oil price is predicted to go strong with fluctuation but to go weak in the long term. (Figure 12)

  

From “China Oil and Oilseeds Market Weekly Report”