Palm Oil Price Highs in the Past

Alvin Tai, Soft Commodity Analyst, Bloomberg Intelligence

Morning Run · Morning Brief · 8 Sept 2022 · 11 mins listen

Palm oil prices have been on the decline from the highs earlier this year, with November futures down 10% on a year-to-date basis, hovering around RM3600 ringgit. What's behind the downward trend and what's the outlook for palm oil markets heading into 2023? We get sector analysis from Alvin Tai of Bloomberg Intelligence.

Produced by:

Shazana Mokhtar,Wong Shou Ning

Presented by:

Shazana Mokhtar,Wong Shou Ning,Keith Kam

Categories:

economy,markets

Tags:

palm oil prices,outlook,agriculture sector,commodities

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