Malaysian crude palm oil futures saw their biggest one month drop in more than 13 years in June. Recording a 22% drop to RM4922 suddenly, thereby erasing most of this year’s gain. We ask Akash Gupta, Director at Fitch Ratings’ Asia-Pacific Corporates as to why prices are so volatile and his own expectations for the year.

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Khoo Hsu Chuang

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  crude palm oil futures,  crude palm oil prices,  indonesia,  malaysia,  palm oil industry,  Consumer Goods/Services,  Commodities, Agribusiness,  Industrial Goods/Services,  Economy, Markets,  economy,  markets