Malaysia palm oil price seen RM2,500-2700/T until August: Mistry

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NEW DELHI (Feb 3): Benchmark palm oil prices in Malaysia are expected to trade between RM2,500-2,700 (US$644-US$695) per tonne until August, leading vegetable oils analyst Dorab Mistry told an industry conference in New Delhi on Saturday.

Malaysia's 2018 palm oil output was likely to be at 21 million tonnes, Mistry added in his video address at the conference.

(US$1 = RM3.8850)