Browsing Tag

Malaysian Palm Oil Board (MPOB)

Palm oil recovers

November 07, 2012: Malaysian palm oil futures edged up on Tuesday, recovering from their lowest in more than three weeks the previous day, although gains were capped by concerns over stockpiles and uncertainty ahead of the US elections. Investors also turned their focus to the risk from floods in Malaysia that could hamper production and ease pressure on swelling stocks in the world's No.2 producer, but fears remained that inventory could still climb to a fresh high. Industry regulator…

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