| Gottlieb - 1/4/2013 20:21
the veg oils market, I should be more specific, ja.
the short term saw crushings in rape seed and sunflower seed pushed to the maximum...from Jan. forward production of seed oils decline. palm oil has attracted a strong demand for biofuel, food, and to generate electricity. the steep reduction of palm oil will raise veg oils price in coming months. so the severe shortage will trigger soy price upward, ja.
That makes more sense. |
Sat's rant
