date:Aug 26, 2015
ted Nations to a ninth month of decline in July, the longest slump in more than a decade.
Its just a general risk off market we have at the moment, and subsequently, palm oil is not isolated from the other commodities, Wayne Gordon, an analyst at UBS Group AG in Singapore, said by phone on Aug. 24. For palm prices to rebound, either supply should ease or macro economic sentiment in China and oil prices should improve, he said.
Surging Inventories
Stockpiles in Malaysia may surge to 2.49 millio