Date: May, 2005
Abstract: Palm oil is the fastest growing sector in the global vegetable oils market, with Malaysia and Indonesia the key producers. These countries benefit greatly from the industry’s high degree of export orientation – local production far outweighs domestic demand – and the source of national revenue that the industry generates.
The decline in global market prices over the past two years was evident in the first quarter of 2005 when crude palm oil FOB prices in Malaysia/In...
Research Type: Industry Note