Palm oil to average at 2,678 rgt/T in 2016 -Malaysia trade body

KUALA LUMPUR, Aug 22 (Reuters) - Crude palm oil prices are

seen averaging at 2,678 ringgit per tonne in 2016, up nearly 18

percent from last year, boosted by demand from top consumer

India and replenishment of stocks by China, according to the

Malaysian Palm Oil Council (MPOC).

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