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.
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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.