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News Admin
 
Date
 21/12/2004
News Provider
 Mahamad Rodzi Abdul Ghani
News Source
 Dow Jones
Headline
 MARKET TALK: Ample India Vegoil Supply May Hurt CP

20/12/04 (Dow Jones)--Indian edible oil prices lower in week to Fridayamid ample supplies, with domestically crushed oils arriving in market.RBD palm olein quoted at INR36,000/ton, down INR500 from last week. Ifstocks continue to rise and price weakness persists, may be bad news forpalm oil producers Malaysia, Indonesia in coming months as room forfurther Indian imports may be limited, traders say.


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