News Details

Sri Lanka bans imports of Palm Oil & new palm plantations- producers to uproot existing plantations in phases, due to environmental concerns.....

(Apr 06, 2021)
Similar concerns were raised earlier for Malaysia/Indonesia. Curbs on plantations tighten global palm oil supply.

https://www.reuters.com/article/sri-lanka-palmoil-imports/sri-lanka-bans-palm-oil-imports-tells-producers-to-uproot-plantations-idUSL1N2LY10W

 

Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.