date:Mar 01, 2019
Palm oil prices have fallen this week on weaker Soya price and higher then expected crop data for February. Traders were expecting Malaysian figures to show declining crops for February yet so far the figures are higher then expected. This coupled with US weaker Soya prices have pushed prices lower. Yet still weather in Asia is predicted to be drier for the next couple of months which could impact on crops going froward. There is still the threat of lower demand in some key buying areas could al