The prices of palm-oil jumped up for 120%

The prices of palm-oil at the Malaysian exchange grew more than by 120% and made $1 091 for ton. The rise in prices in a year for more than 120% is explained by deficiency of the labor, arisen because of a pandemic to Malaysia and Indonesia, write daily business newspaper "Vedomosti". Such rise in prices "to unprecedented earlier heights" will unambiguously affect consumer habits. Consumption of palm-oil will be reduced and if it continues to rise in price, it can change the principles by which people choose products. The rise in prices for palm-oil can lead to rise in price at least restaurant and confectionery production, and also cosmetic...