MARKET DEVELOPMENT
MARKET TALK: Indonesia Palm Oil Export Dip Not Sur
MARKET TALK: Indonesia Palm Oil Export Dip Not Sur
20/12/04 (Dow Jones)--Drop in Indonesia November palm oil exports (592,143tons, down 27%, Sucofindo says in report seen by traders) unlikely to havemuch impact on prices as already factored into market. Weakness notsurprising as figures for Malaysia issued recently also showed steepdecline. Consumers have been slowing down purchases as already wellstocked, traders say.