banner ad

China’s palm imports rise 16%, pressuring global prices

| March 20, 2012

In Malaysia, palm oil futures have risen on the back of increased demand from China. China’s imports of palm oil for cooking rose 16% during the first half of February, partially boosting the price. Palm oil prices are also supported by increased petroleum prices, which boost interest in vegetable oil use for biodiesel.

Print Friendly

Tags: ,

Category: Producer News

Comments (0)

Trackback URL | Comments RSS Feed

There are no comments yet. Why not be the first to speak your mind.

Comments are closed.