# Bursa Malaysia Derivatives chairman expects palm oil price volatility to continue in 2021 | Malay Mail

> Bursa Malaysia Derivatives chairman Muhamad Umar Swift said palm oil markets should expect continued price volatility in 2021 due to weather, economic recovery and Western policy changes. He noted palm output fell 3.6% in 2020 due to labour shortages.

- Date: 2021-03-23 · published 2021-03-23T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/48227-bursa-malaysia-derivatives-chairman-expects-palm-oil-price-volatility-to
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expected volatility argues for buyers to use price risk management tools when sourcing vegetable oils. The 2020 production decline supports tighter palm supply in the near term.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2021/03/23/bursa-malaysia-derivatives-chairman-expects-palm-oil-price-volatility-to-co/1960357

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.