date:Aug 21, 2014
s just dragged along with that. Any recovery from the downturn would probably be subdued during the peak-production season, Ng said, adding that this would last until around mid-November.
Currently, the bargaining power is with the buyers because they see crops are coming out and they think they can afford to wait a bit and still get good prices, Ng said. Nobody is going to buy and hold because it's very costly to hold onto this commodity. Malaysian palm oil production is likely to rise in the