Thursday, September 18, 2008

Breaking News-RTRS-China defaults on at least 100,000 tonnes of RBD palm olein after price falls-traders

KUALA LUMPUR, Sept 18 - Chinese buyers have defaulted on at least 100,000 tonnes of RBD palm olein after prices of the vegetable oil fell nearly 15 percent this week, Malaysian and Singaporean traders said on Thursday.