(Bloomberg) -- Malaysia palm oil fell the most in 15
days, retreating from a record amid concern that high prices may
prompt buyers to opt for alternative products.
Higher prices may reduce the attraction of palm oil as a
substitute for soybean oil, especially in China and India, the
biggest importers of both oils. It may also make palm oil less
attractive in its use in new applications such as biofuels.
Read more at Bloomberg Commodities News
days, retreating from a record amid concern that high prices may
prompt buyers to opt for alternative products.
Higher prices may reduce the attraction of palm oil as a
substitute for soybean oil, especially in China and India, the
biggest importers of both oils. It may also make palm oil less
attractive in its use in new applications such as biofuels.
Read more at Bloomberg Commodities News
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