(Bloomberg) -- Palm oil futures in Malaysia rose for
a second day on optimism of rising demand for vegetable oils in
cooking and to make biofuels.
The price reached a record last month on surging demand,
led by China and India. Kim Eng Research Sdn. raised its average
price forecast by 4.5 percent for 2008.
Read more at Bloomberg Commodities News
a second day on optimism of rising demand for vegetable oils in
cooking and to make biofuels.
The price reached a record last month on surging demand,
led by China and India. Kim Eng Research Sdn. raised its average
price forecast by 4.5 percent for 2008.
Read more at Bloomberg Commodities News
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