30 September 2007 12:35 [Source: ICIS news]
BERLIN (ICIS news)--Expectations in Europe that the palm oil business out of ?xml:namespace>
The owner said that the sudden demise of the vegetable oil business from
“It appears that the weakness of the dollar means that no-one is doing business and with that it has inadvertently stimulated the vegetable oil trade again,” said the owner.
A total of 132,000 tonnes of palm and coconut oil was quoted for shipping from the Straits of Malacca and the
This cargo will be instrumental in building a more buoyant market in the months to come as yet more ships are set to be delivered out of Asian yards, the owner added.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|