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Palm Oil Prices To Recover But May on Average Be Lower in 2013
calendar15-12-2012 | linkUkrAgroConsult | Share This Post:

15/12/2012 (UkrAgroConsult) - A strategy paper from RHB Research has suggested that palm oil prices will recover from their current depressed level in 2013 but on average be lower than that seen in 2012.

The research arm of RHB Banking Group said that crude palm oil prices might average M$2,800 a tonne in the whole of 2013, versus a forecast for the 2012 average of M$2,870 a tonne expected once this year ends.