Palm Oil Nears Bear Market as Chinese Demand Outlook Worsens
date:Aug 26, 2015
million tons in July, a record for the month and the highest since October. Production probably jumped 37 percent in the first 20 days of August from a month earlier, Paramalingam said, citing estimates from Malaysian Palm Oil Association.

Global supply of vegetable oils will increase by 6.6 million tons in the 2015-2016 marketing year while demand will rise by 5.5 million tons, according to Godrejs Mistry. World demand for biodiesel will recover by 1.5 million tons next year after shrinking by
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