BFM 89.9
The Business Station
Vegetable Oil Prices Behaving Like YoYo
9 mins
·
07:15, 30 Jun 2022
·
Recommended
43 mins
Guest: Akash Gupta, Director, Fitch Ratings’ Asia-Pacific Corporates
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.
Presenter: Wong Shou Ning, Khoo Hsu Chuang
Producer: Moh Heng Ying
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