date:Feb 19, 2016
sed dramatically.
It is expected that the stocks will drop to a very tight scenario in the second [April-to-June] quarter.
Squeezed stocks imply higher prices, with buyers being forced to pay up to secure supplies, although Sipef flagged limits to the buoyancy in palm oil prices notably their level compared with values of other vegetable oils, which are to a large extent interchangeable for users.
The limited discount of palm oil versus soyoil will cap the upside.
Overhang of stocks
Howeve