Thursday, May 31, 2007

Malaysia Palm Oil Prices Rise Most in a Month to Record Close on Exports

(Bloomberg) -- Palm oil futures in Malaysia rose the
most in a month to a record close after reports showing Malaysian
exports increased in May, with Chinese demand undeterred by
higher prices.

Bulk palm oil shipments through Malaysian sea ports gained
4.7 percent to 1.18 million metric tons in May, from 1.13 million
tons last month, Societe Generale de Surveillance estimated today.


Read more at Bloomberg Commodities News

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