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Malaysian crude palm oil futures saw their biggest one month drop in more than 13 years in June. Recording a 22% drop to RM4922 suddenly, thereby erasing most of this year’s gain. We ask Akash Gupta, Director at Fitch Ratings’ Asia-Pacific Corporates as to why prices are so volatile and his own expectations for the year.
By BFM Media5
22 ratings
Malaysian crude palm oil futures saw their biggest one month drop in more than 13 years in June. Recording a 22% drop to RM4922 suddenly, thereby erasing most of this year’s gain. We ask Akash Gupta, Director at Fitch Ratings’ Asia-Pacific Corporates as to why prices are so volatile and his own expectations for the year.

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