The palm oil market has become one of the fastest growing markets over the past years. Significant growth in demand across different industries led to price increase. However, Covid -19 has impacted the market. Palm oil export was effected by lower global demand due to lockdown in most importing countries and the prospects of a recovery of oil production will depend on a number of factors.
Key Topics:
- Palm oil market trends in 2021
- How did La Niña affect palm oil production, and what is next? Are there any immediate risks or opportunities pertaining to the palm market? Will palm oil prices remain bullish?
- Impact of Covid 19: challenges and opportunities.