date:Feb 14, 2016
ar low in August. The Bursa Malaysia benchmark three-month palm-oil contract was trading down 2 ringgit to 2578 ringgit a metric ton at 0900 GMT Wednesday.
Palm-oil prices have historically rallied sharply in El Nio yearsthey rose around 40% in 2006 when the phenomenon was last observed. While El Nio has been present since the first half of 2015, the full extent of the damage is only likely to be known over the coming months due to the growth cycle of oil-palm fruits.
The anemic production run