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Malaysia Kuala Lumpur Kepong Expects Exports To Support Palm Oil Price Near Term-CEO
calendar04-10-2017 | linkNikkei Asian Review | Share This Post:

Nikkei Asian Review (03/10/2017) - KUALA LUMPUR (Oct 03) -- Kuala Lumpur Kepong, a Malaysian palm oil producer, expects strong exports to help support palm oil prices in the near term, its chief executive said Tuesday.

Palm oil output is on the rise during the current peak season, Lee Oi Hian told reporters.

The peak season usually runs from September to November.        

Palm oil futures for December delivery is up 0.4% at 2677 ringgit a ton in Kuala Lumpur trading.