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PALM/POLL-PRICES
RTR2JNCQ
9 Mar. 2011
A worker selects oil palm fruits at a palm oil factory... more
PALM/POLL-PRICES
RTR2JNCQ
9 Mar. 2011
Sepang, Malaysia
A worker selects oil palm fruits at a palm oil factory in Sepang outside Kuala Lumpur March 9, 2011. Benchmark palm oil prices would average at a record of 3,300 ringgit ($1,088) a tonne this year, as demand for biofuels offsets improving harvests, a Reuters poll of vegetable oil traders, analysts, producers and consumers found. The figure is 15.7 percent higher than an earlier record average of 2,853 ringgit in 2008 and much higher than 2010 average of around 2,700 ringgit. REUTERS/Bazuki Muhammad (MALAYSIA - Tags: AGRICULTURE BUSINESS FOOD)
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