1. QUOTE from:
    Palm Oil May Climb 7% by First Quarter on China, India Demand, Mistry Says
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    The Southern Oscillation Index had turned “sharply negative” in the past three to four weeks and this is “usually a clear pointer to a strengthening El Nino,” he said. "It appears that we are on the brink of dry weather and rainfall deficits in Malaysia as well as Indonesia" he said. “A new stronger El Nino will have a profound effect on CPO production” in June to September, he said. Full Article at Bloomberg.com
    It appears that we are on the brink of dry weather and rainfall deficits in Malaysia as well as Indonesia
    SOURCE: Bloomberg.com 3 weeks ago
All quotes from:
Palm Oil May Climb 7% by First Quarter on China, India Demand, Mistry Says
  1. A new stronger El Nino will have a profound effect on CPO production
    SOURCE: Bloomberg.com 3 weeks ago
  2. Whilst this figure may seem daunting, it will represent less than six weeks consumption ... It is likely stocks will decline from January or latest from February onwards.
    SOURCE: Bloomberg.com 3 weeks ago
  3. After a few weeks, as demand from China and India returns, I expect crude palm oil futures to begin to rise and to attain my target of 2,400 ringgit in the first quarter of 2010
    SOURCE: Bloomberg.com 3 weeks ago
  4. India’s industry has weathered the recession in very good shape and is now poised to grow strongly ... This will have an effect on per capita consumption.
    SOURCE: Bloomberg.com 3 weeks ago
  5. It is quite possible markets may come under pressure
    SOURCE: Bloomberg.com 3 weeks ago
  6. I no longer expect CPO futures to decline to 1,900 and believe they have bottomed out at the recent low of 2,020
    SOURCE: Bloomberg.com 3 weeks ago

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