Palm oil prices will remain high in the short term; La Nina in brief: ICRA

Palm oil prices will remain high in the short term; La Nina in brief: ICRA

Credit rating agency ICRA said on Wednesday that near-term palm oil prices will remain high and will largely depend on the outcome of the La Nina weather situation in Southeastern countries. Palm oil is mainly consumed in food industries such as bakery products and the HoReCa segment (hotels, restaurants and catering), while household consumption remains […]

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