Palm | Kelapa Sawit

MUMBAI, Sept 28 (Reuters) - Global supply of edible oils will slightly exceed demand, while the soybean crop is likely to expand in coming months, limiting gains in prices, leading industry analyst Dorab Mistry told a conference on Sunday.
The fall in crude palm oil futures prices, which have halved since their peak in March and are down by a quarter this year, is likely to trigger greater demand from the biofuels sector but for this to happen, prices need to stay at a low of 2,200 ringgit for weeks, he said.