Olam says agricultural goods demand picking up on China recovery

Singapore commodity trader predicts rebound after net profit dropped 22% in 2020

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Olam International faced a delay in an irrigation project in the African country due to the coronavirus pandemic. © Reuters

KENTARO IWAMOTO, Nikkei staff writer

SINGAPORE -- Commodity trader Olam International said demand for agricultural products is picking up thanks to the economic recovery in China and other Asian markets, after the COVID-19 pandemic sapped demand and disrupted supply chains last year.

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