Mr. Titanic Mistry Predicts Sinking Palm-Oil Prices: CommoditiesRanjeetha Pakiam and Chanyaporn Chanjaroen
Dorab Mistry compared the palm-oil market in 1998 to the Titanic and correctly predicted a slump from then-record prices the next year. He’s now forecasting another retreat as weakening demand outweighs a decline in Malaysian production.
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