WRAPUP 1-Buyers snap up cheap palm as price continues to slump


(Writes through, updates throughout) By Niluksi Koswanage KUALA LUMPUR, Aug 26 (Reuters) - Buyers have been snapping up cheap palm oil, traders and industry officials said on Tuesday, but the prospect of defaults and rising supply still hangs over the market. Malaysian palm futures tumbled 6 percent, bringing losses this week to more than 10 percent, after leading industry analyst Dorab Mistry painted a bearish picture and Dalian soyoil fell by its daily limit. This was despite ...

Premium Content (PAID Subscription Required)

"WRAPUP 1-Buyers snap up cheap palm as price continues to slump" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×