date:Aug 26, 2014
gh-return areas such as real estate. Traders said the worries about a Chinese crackdown on commodity financing began a few months ago, but had worsened in the past week with investors trying to get rid of excess palm oil stocks that have arrived at ports.
People have overbought the oil and they don't know where to dump it. They have to dispose of it - the selling pressure is pushing prices of palm lower, the Kuala Lumpur trader said. Sluggish demand for palm oil products this month also weighe