The price of crude palm oil is currently hovering above the RM3,800 level as Malaysia’s August palm oil stockpile rose to a six-month high since February, driven by seasonally higher production and lower exports. Alvin Tai, an analyst at Bloomberg Intelligence, shares his views on the direction of the commodity amid the strengthening of the ringgit, weakening soybean oil prices and even the prospect of another Donald Trump presidency.



Image Credit: shutterstock.com

The price of crude palm oil is currently hovering above the RM3,800 level as Malaysia’s August palm oil stockpile rose to a six-month high since February, driven by seasonally higher production and lower exports. Alvin Tai, an analyst at Bloomberg Intelligence, shares his views on the direction of the commodity amid the strengthening of the ringgit, weakening soybean oil prices and even the prospect of another Donald Trump presidency.Image Credit: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.shutterstock.com/">shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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