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Malaysia's Sime Darby Sees Palm Prices in Range of 2,300 to 2,500 Rgt/Tonne Until June
calendar27-02-2015 | linkReuters | Share This Post:

27/02/2015 (Reuters) - Palm oil prices are likely to hover between 2,300 ringgit and 2,500 ringgit per tonne until June 2015, the chief executive of Malaysia's Sime Darby Bhd , the world's top oil palm planter by land size, said on Thursday.

This is slightly higher than the official's end-November expectation for prices to average between 2,200 and 2,500 ringgit per tonne from now until June 2015. ($1=3.5995 Malaysian ringgit)