Chocolate is about to get more expensive due to upsurge in palm oil prices
The meteoric rise in palm oil prices is poised to inflate costs for everyone from restaurants to confectionery and cosmetic manufacturers, and could potentially change consumption patterns. The world’s most consumed edible oil has surged more than 120 per cent in the past year and burst through RM4,500 (S$1,453) a ton to a record on […]
Chocolate is about to get more expensive due to upsurge in palm oil prices
The meteoric rise in palm oil prices is poised to inflate costs for everyone from restaurants to confectionery and cosmetic manufacturers, and could potentially change consumption patterns. The world’s most consumed edible oil has surged more than 120 per cent in the past year and burst through RM4,500 (S$1,453) a ton to a record on […]