Monday, May 21, 2007

Malaysia Palm Oil Rises on Concern Supply May Not Keep Pace With Demand

(Bloomberg) -- Palm oil futures in Malaysia, the
world's largest grower last year, gained on concern that supply
may not keep pace with overseas demand for the tropical oil.

The Southeast Asian nation exported 799,579 metric tons of
bulk palm oil between May 1 and 20, compared with 789,644 tons
in the same period last month, Societe Generale de Surveillance
said in a report yesterday.


Read more at Bloomberg Commodities News

No comments: