Asian palm oil futures hit near 2-year high on supply fears

Falling output in Malaysia and surging China imports have lifted prices

20191210 Palm oil.jpg

Oil made from palm trees is in demand in China and Indonesia.  © Reuters

KEITARO IIJIMA, Nikkei staff writer

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.

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