Vegetable Oil Prices Behaving Like YoYo

Akash Gupta, Director, Fitch Ratings’ Asia-Pacific Corporates

Morning Run · Morning Brief · 29 Jun 2022 · 9 mins listen

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

Categories:

economy,markets

Tags:

crude palm oil futures,crude palm oil prices,indonesia,malaysia,palm oil industry

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