Credit turmoil takes toll on palm oil trade
Posted on October 31st, 2008 in australian stock exchange, australian stocks online, Finance, stock market
By John Aglionby in Jambi province, Financial Times, 31 Oct 2008Plummeting prices forced Asnawi to close his three-year-old oil palm fruit transportation business in the Indonesian province of Jambi two weeks ago. “In August, the [palm oil] factories were paying me Rp1,800 ($0.16, €0.13,
