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Palm oil slides to five-year low
date:Aug 21, 2014
Malaysian palm oil lost more ground on Wednesday, falling for a sixth consecutive session to its lowest since October 2009 as slowing exports and prospects of near-record US soybean production weighed on the market. Exports of Malaysian palm oil products for August 1-20 fell 5.39 percent to 822,026 tonnes from the 868,843 tonnes shipped during July 1-20, cargo surveyor Intertek Testing Services said.

According to cargo surveyor Societe Generale de Surveillance (SGS), palm oil product exports o

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