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Palm oil inventory fell by 11% month-on-month to 1.7m metric tonnes in July due to higher export demand from India and EU and lower output. We discuss with Alvin Tai, Soft Commodity Analyst, Bloomberg Intelligence on the outlook of CPO prices in view of resurgence of Covid-19, possible record high soybean output and the La Nina.
Image Credit: Mohd Rasfan / AFP
Presenter: Roshan Kanesan, Lyn Mak, Noelle Lim
Producer: Wong Shou Ning
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