Palm Oil May Drop Below 4,000 Ringgit on Soy Oil Supply Surge
Palm oil may drop below 4,000 ringgit ($1,017) a ton by April as it competes with a flood of South American soy oil in price-sensitive markets like India, according to...
By Anuradha Raghu, Eko Listiyorini · Bloomberg Markets
Palm oil may drop below 4,000 ringgit ($1,017) a ton by April as it competes with a flood of South American soy oil in price-sensitive markets like India, according to veteran trader, Dorab Mistry.