Palm Oil Nears Bear Market as Chinese Demand Outlook WorsensBy
Futures slump below 1,900 ringgit for first time since 2009
Prices hurt by rout in commodities, weak biodiesel demand
Palm oil slumped for a fifth day to trade near a bear market as rising supplies threatened to swell stockpiles amid concerns that China’s economic slowdown will curb demand for raw materials.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.