Vegetable oil prices to remain volatile in 2H24


PETALING JAYA: Affin Hwang Investment Bank Research (Affin Hwang Research) expects volatility of vegetable oils prices will continue to persist in the second half of the year (2H24) given the many uncertainties surrounding the agriculture industry as well as the global economy.

The research house explained that the correction in crude palm oil (CPO) prices in May 2024 has resulted in improved price competitiveness in the market vis-à-vis the other vegetable oils.

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oil , CPO , Affin Hwang

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