Crude palm oil prices are falling amidst growing concern about the state of the global economy – and this may have electoral significance in Malaysia.
It has reached new lows for 2011. You can click the tabs to see the trends over different periods (2-year, 1-year, 6-month, 3-month and 1-month).
Supply of US crops in the months ahead looks favourable and this could lead to further price declines.
It spells bad news for the Najib administration, which is banking on high commodity prices to ensure that the feel-good sentiment among Felda settlers remains buoyant ahead of the next general election, widely expected within a year.