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A research house says Malaysian crude palm oil production may rise, with palm oil stocks climbing after five months of declines. Exports fell in June on weaker demand from key markets.
The report also points to rising plantation costs and few strong catalysts for prices.
Higher output and rising stockpiles, combined with weak June demand, weigh on palm oil prices.
thestar.com.myP. ARUNAJul 13, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
