TOKYO -- Asian palm oil prices hit a near two-year high early in December, as Malaysian supply is expected to fall while demand in China and Indonesia is surging.
Falling output in Malaysia and surging China imports have lifted prices

Oil made from palm trees is in demand in China and Indonesia. © Reuters
TOKYO -- Asian palm oil prices hit a near two-year high early in December, as Malaysian supply is expected to fall while demand in China and Indonesia is surging.