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Malaysian palm oil eases to 6-week low; output seen rising
date:Jul 03, 2013
er, corn and canola,Phillips Futures said in a note on Tuesday.

We would not expect a significant dip in palm oil demandbrought about by this initiative. However, if the substitutionof palm oil were to take place over a transitional phase, wecould expect future demand for palm oil to be adverselyaffected, the Singapore-based broker said.

CME Group cleared the first trade of its newlylaunched palm oil swaps 0#4CPC: on June 21, done betweenGunvor Group and Louis Dreyfus Commodities, the exch

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