Palm oil imports by India, the world’s biggest buyer, slumped for a third month in March as the highest prices in 18 months reduced appeal of the tropical oil used in everything from candies to noodles.
Palm oil stockpiles in Malaysia unexpectedly expanded in March, snapping a two-month decline, as production in the world’s biggest supplier after Indonesia climbed by the most since July. Futures dropped.
Palm oil fell for a fifth day to the lowest level in almost two months on concern that demand for the tropical oil used in everything from food to fuel may shrink on increasing supplies of soybean oil.
Palm oil may extend its advance in April to the highest level since 2012 after dry weather in Southeast Asia hurt crops and as El Nino looms later this year, said Dorab Mistry, director at Godrej International Ltd.
New York has fine and inexpensive restaurants. It also has plenty that serve large portions of carbohydrate-laden stodge. Here are 50 good places that I tried during an extended visit from London. Most offer value as well as decent food.