Palm Oil May Plummet To 2,800 Ringgit As Supplies Swell, Mistry Forecasts
28/07/2011 (Bloomberg) - Palm oil may slump to as low as 2,800 ringgit ($952) per metric ton in September as output jumps in Malaysia and Indonesia, the world’s two largest growers, according to Dorab Mistry, director of Godrej International Ltd.