Story from PalmOil.com (http://palmoil.com)
Dorab Mistry forecasts
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Palm Oil May Hit 3,000 Ringgit: Mistry
(27 Aug, 2010)
Malaysian crude palm oil futures may rise about 20 per cent to trade close to 3,000 ringgit in the second half of 2010 as erratic weather slows output growth and demand strengthens, a top industry analyst said on Thursday.
Market Outlook for Palm Oil with special reference to Sustainability & Bio Fuels
(26 Aug, 2010)
Paper by Dorab E Mistry; At RSPO Latin America 2010
Analyst Mistry: Palm Oil Prices “Must Rise” To Ration Demand
(26 Aug, 2010)
Palm oil prices must rise to around MYR3,000 ($955) a metric ton to curtail demand for exports, as bouts of bad weather have limited palm production growth in Indonesia and Malaysia, the world’s top palm oil producers, leading vegetable oils analyst Dorab Mistry said Thursday evening.
