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View Full Version : Palm Oil Heading for 20-Month Low as Slowdown Cuts Demand - Bloomberg



NewsWhore
06-07-2012, 02:30 PM
Palm Oil Heading for 20-Month Low as Slowdown Cuts Demand (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFVGiEKxMmsbq05wuuIz_qQH6A0Lg&url=http://www.bloomberg.com/news/2012-06-07/palm-oil-heading-for-20-month-low-as-slowdown-cuts-demand.html)
Bloomberg
The rupee, the worst performing currency in Asia this quarter, fell to a record low of 56.515 a dollar on May 31. India imports nearly 55 percent of its annual vegetable oil needs of almost 16 million tons. Crude soybean oil will rebound to about $1200 ...

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