date:Aug 12, 2014
erivatives Exchange slipped 2.5 percent to 2,177 ringgit ($681) per tonne by the day's close, with prices ranging between 2,240 and 2,174 ringgit intra-day.
Total traded volume stood at 47,549 lots of 25 tonnes, higher than the usual 35,000 lots. Analysts said crude palm oil production in Indonesia likely rose 10-15 percent in the first half of 2015, as reported by several plantation companies. On the other hand, so far, the biodiesel initiatives in Indonesia and Malaysia also disappointingly