Palm Oil Supply To Ease In Second Half Of 2022
Alvin Tai, Soft Commodity Analyst, Bloomberg Intelligence
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Palm oil prices have been fluctuating on the back of news coming out of Indonesia on its export ban for palm oil. Earlier this week, the government clarified the export ban wouldn’t cover crude palm oil, relieving pressure on markets. But how much will elevated palm oil prices feed into global food inflation? We discuss the outlook for the edible oil market with Alvin Tai of Bloomberg Intelligence. Image credit: Shutterstock.com
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Categories: trends and forecasts, markets
Tags: indonesian exports, palm oil exports, indonesian palm oil, oil prices, palm oil, palm oil prices, commodity prices, commodities, indonesia economy, inflation, food inflation, global inflation, edible oils,