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Vegetable Oil Prices Behaving Like YoYo

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

30-Jun-22 07:15

Vegetable Oil Prices Behaving Like YoYo

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

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Categories:  economymarkets

Tags:  crude palm oil futurescrude palm oil pricesindonesiamalaysiapalm oil industry

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