Palm Oil Prices to Decline Further

Fitch Ratings expects higher global vegetable oil output to drive a decline in crude palm oil (CPO) prices to below USD1,000/tonne (t) in 2H22, after averaging at around USD1,500/t in 1H22. CPO prices dropped by over USD300/t since early June following a policy shift in Indonesia to encourage...

https://www.hellenicshippingnews.com/palm-oil-prices-to-decline-further/

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