On-the-Ground Updates

Price trend of palm oil

RBD Palm Oil
Indonesia
Malaysia
Market & Price Trends
Innovation & Technology
Lena Hartanto
Published May 20, 2021
Since the beginning of May 2021, the price of palm oil remains high, above RM4,500 for July shipment. It is due to the increase of Covid-19 cases in Malaysia which caused the country to enforce a third national lockdown, from 12th May until 7th June. It limited the activity of production and logistics inside the country.

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