(Bloomberg) -- Palm oil futures in Malaysia rose to
a record on optimism supply won't keep up with increasing demand
from China, the world's biggest importer.
China's imports of the vegetable oil rose 27 percent to 1.6
million metric tons in the first four months of the year, May 25
data from the Beijing-based customs office showed. Shipments
from Malaysia are set for a fourth monthly rise, according to
data released on the same day by independent cargo surveyor
Societe Generale de Surveillance.
Read more at Bloomberg Commodities News
a record on optimism supply won't keep up with increasing demand
from China, the world's biggest importer.
China's imports of the vegetable oil rose 27 percent to 1.6
million metric tons in the first four months of the year, May 25
data from the Beijing-based customs office showed. Shipments
from Malaysia are set for a fourth monthly rise, according to
data released on the same day by independent cargo surveyor
Societe Generale de Surveillance.
Read more at Bloomberg Commodities News
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