Palm | Kelapa Sawit

HAMBURG, Feb 10 (Reuters) - Global palm oil prices may rise in coming weeks because of increasing indications of low stocks in key producer Malaysia, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
Palm oil prices have shown price strength independent of rival soyoil, sunflower oil and rapeseed oil in past weeks, Oil World said.
Support partly stems from talk about a more pronounced than usual slowdown in Malaysian palm oil production partly caused by recent flooding, it said.
"But a bearish factor for palm oil prices is seen in the probable slowdown of import demand from India in the next two weeks, where burdensome stocks were accumulated until end December."