News
Unimills Wary Of Volatility In Edible Oil Prices
AMSTERDAM: Dutch vegetable oil processor Unimills, owned by Malaysia’s Sime Darby Bhd, sees volatility in edible oil prices as one of its main concerns in future, its managing director said on Wednesday. Biofuels industry development has linked the price of raw materials such as palm and rapes...
Palm Futures Pare Losses As Nov Stocks Drop
Palm oil futures pared losses to end little changed yesterday after stockpiles in Malaysia, the second-largest producer, dropped in November as output declined the most in almost three years. Inventories of the cooking oil declined 2 per cent to 1.93 million metric tons from a 10-month high in Octob...
