date:Mar 07, 2013
Prices of palm oil plummeted 23 percent last year largely on a stockbuild in major producers Indonesia and Malaysia, and traders and analysts at a conference in Kuala Lumpur said they could fall further when global oilseed supply kicks into high gear later this year.
In 2013 post-September, we see big supplies of soybeans, sunflower seeds and even of palm oil, which will be entering a new high cycle. We have also begun the oil year with the heaviest carry-over stocks in history, leading industr