PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 28 Nov 2024

Total Views: 183
MARKET DEVELOPMENT
MARKET TALK: Ample India Vegoil Supply May Hurt CP
calendar21-12-2004 | linkDow Jones | Share This Post:

20/12/04 (Dow Jones)--Indian edible oil prices lower in week to Fridayamid ample supplies, with domestically crushed oils arriving in market.RBD palm olein quoted at INR36,000/ton, down INR500 from last week. Ifstocks continue to rise and price weakness persists, may be bad news forpalm oil producers Malaysia, Indonesia in coming months as room forfurther Indian imports may be limited, traders say.