Palm oil prices seen flip-flopping midway through 2015

March 4, 2015 |

In Malaysia, palm oil prices are expected to suffer schizophrenia this year with the first half seeing higher prices underpinned by increasing demand and lower production while they are expected to flip-flop in the latter half of the year, potentially reaching six-year lows. Growing soy oil supplies mixed with lower petroleum prices are expected to dampen demand for palm oil as a biodiesel feedstock.

Category: Fuels

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