date:May 21, 2013
Palm oil is produced all-year round in top growers Indonesia and Malaysia, exposing investors, refiners and plantations to higher price risks compared to other food commodities that are harvested once or twice a year.
(This ensures) the need for ongoing risk management against price swings associated with demand and supply fundamentals, said Nelson Low, Singapore-based executive director of commodity products for the CME.
The over-the-counter calendar swaps contract will be based on prices fro