Loading…
Malaysia's plantation minister said crude palm oil is expected to trade between 2,600 and 2,700 ringgit per ton in 2018, edging lower from this year's levels. He attributed the outlook to rising output and a growing stockpile.
A forecast of softer prices from the top producer's government signals ample palm supply ahead, which tends to weigh on palm and competing vegetable oil and feed-oil values.
asia.nikkei.comNov 14, 2017Not 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.
