Value Investor Research
ECM: Plantation: Palm oil exports to rise
value_investor
Publish date: Fri, 17 Feb 2012, 11:33 AM
Palm oil exports from Malaysia may climb as much as 10% this year, expanding faster than local output and helping to drive down stockpiles and support prices, an industry group forecast. Exports may climb to a record 19.8m MT as demand in India and China gained, Malaysian Palm Oil Council Chairman Lee Yeow Chor said. The price may advance 3.9% to RM3,300/MT in 2012,
according to Lee. (StarBiz)
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