ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Commodities

China and India demand boosts palm oil price despite EU pressure

EU moves to phase out commodity present long-term price risks, analysts warn

The index price for palm oil on the Bursa Malaysia Derivatives Exchange was 3,064 ringgit a ton as of mid-October, up 38% from a year earlier.   © Reuters

TOKYO/JAKARTA -- Palm oil prices are rising, due to recovering demand from China and India and labor shortages in producing countries as a result of the coronavirus pandemic.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more