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More losses in palm oil seen as output swells and demand falters
Futures in Malaysia have slid 19% from March peak as production recovers
Published Tue, Jul 12, 2016 · 09:50 PM
Kuala Lumpur
PALM oil, on the verge of sliding into a bear market, may extend losses as a seasonal increase in production threatens to expand stockpiles and demand falters, according to Godrej International Ltd's Dorab Mistry.
Demand from major customers for the oil, used in everythin…
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