Monday, September 28, 2009

Palm Oil Must Drop to 1,900 Ringgit to Lure Buyers, Mistry Says

(Bloomberg) -- Palm oil, the world’s most consumed vegetable oil, must drop 13 percent from current levels to stoke demand amid mounting stockpiles in Malaysia, according to Dorab Mistry, director of Godrej International Ltd.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQykpZdKGX7A

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