Tag: Olam

Olam believes stronger El Niño will help support palm oil prices and its bottom line

Olam believes stronger El Niño will help support palm oil prices and its bottom line

February 29, 2016 |

In Singapore, Olam believes a more severe than expected El Niño will negatively impact palm oil production in both Indonesia and Malaysia, helping to support prices. Increased demand from Indonesia’s higher biodiesel blending mandates are also expected to keep prices trending higher, which will help the company counteract some of the negative results the commodities […]

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