Palm oil lifts as dry-weather risks disrupt shipments in Kalimantan
Palm oil rose in Asian trading as severe dry weather disrupted shipments in Kalimantan, with declining water levels in key rivers. AmInvestment Bank flagged drought and intensified wildfires in Sumatra and Kalimantan as potential pressure on output.
Palm oil rises in Asian trading, driven by severe dry weather that is disrupting palm oil shipments in Kalimantan due to declining water levels in key rivers, AmInvestment Bank says in a note.
Drought and intensified wildfires in Sumatra and Kalimantan could weigh on palm oil output, it says.
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