date:Mar 07, 2013
ged standoff between the Malaysian military and an armed Filipino group on Borneo island that has forced several refineries there to slow operations.
Improving soybean output from South America, estimated to grow more than 20 percent this year, may push down palm oil prices to 2,200 ringgit after mid-April, Mistry added. A higher soybean supply for crushing into vegetable oil could shift demand away from rival palm oil.
While prices may slump further on expanding palm oil output in July-August