Palm oil prices set for a volatile year led by soybean market, say leading analysts

Capt. John

Palm oil prices are likely to remain high in the first quarter but “fall dramatically” during the second half of the year as palm and oilseed plantings pick up, two leading industry analysts said in a webinar on Thursday. Prices would be propelled by the soyoil market, with crop-stressing drought in South America squeezing global …

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