date:Jan 25, 2019
Average palm oil prices are set to climb this year, a Reuters poll showed, buoyed by slowing output-growth in top producer Indonesia and by robust demand for the commodity which is used to churn out products ranging from chocolate to biofuels.
Benchmark palm prices will average 2,375 ringgit ($574.09) a ton in 2019, up 3 percent from 2,308 ringgit last year, according to the median estimate from a poll of 18 analysts and industry players including planters, millers and refiners.
The price outl