SINGAPORE (July 11): If you thought 1Q18 was a challenging period for the palm oil industry, the outlook for 2H18 could be worse as market watchers worry about a production surplus in 2H18, due to seasonality and low production in 1Q18.

In 2Q18, crude palm oil (CPO) prices trended lower in 2Q18, and are down about 6% so far this quarter. As for Golden-Agri Resources (GAR), its share price is down about 16% from end March while the STI is down about 5% over the same period.

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