Sathia Varqa, Palm Oil Analytics

Sathia Varqa, Palm Oil Analytics

1905_EDT_540

19 May 2021
Across the ASEAN: Are Rising Palm Oil Prices About to Pull Back?
Palm Oil is a key commodity that ties ASEAN nations across the Strait, with Indonesia and Malaysia the world's 2 largest palm oil producers, and a number of these firms listed on the SGX. CPO futures have been rising on bets that the global economic rebound will also lift demand for the oil that features as a main ingredient in many food products and consumer goods. But is palm oil in for a correction? Dr Sathia Varqa, founder of Palm Oil Analytics, spoke to us on "Across the ASEAN" about whether he sees the rally stalling, and how Indian demand and Indonesian CPO levies may be shaping the outlook of the commodity.

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