Moody’s: Small direct impact on Apac

“By this year’s second quarter, expect high global commodity prices to begin seeping into producer and consumer prices throughout the region,” Moody's added

KUALA LUMPUR: Moody’s Analytics sees little direct exposure to potential loss of imports from Russia or Ukraine in the Asia-Pacific (Apac) region, with the only significant exceptions being oil and coal imports into China and specialty shipments such as fertiliser to Indonesia and Malaysia.

The primary risk for Apac is having to pay higher global prices for all commodities, it said.