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Cotton and rubber demand recovery more than 2 years off: Olam CEO

Singapore trader says supply chain and logistics disruptions have bottomed out

An Olam pepper plantation in Vietnam. The Singaporean trading house handles cocoa, coffee, spices, edible oils and cotton along supply chains that span more than 60 countries.

SINGAPORE -- The cotton and rubber industries cannot expect a full recovery from the coronavirus mayhem -- slack global demand, supplier stoppages, logistics bottlenecks -- until the end of 2022, according to the chief executive of commodity trader Olam International.

Singapore-listed Olam mainly handles agricultural products such as cocoa, coffee, spices and edible oils, as well as manufacturing materials like cotton and rubber. Its supply chains span more than 60 countries, from Asia to Europe to Africa.

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