The Business Times
OUTLOOK 2024
·
SUBSCRIBERS

Agri-commodity prices could ease in 2024 but analysts warn volatility, uncertainty remain

Uma Devi
Published Fri, Dec 22, 2023 · 05:00 AM

AFTER about three years of turbulence in the agricultural-commodities sector, observers said there could be some easing in prices of key commodities in 2024.

However, the sector is likely to continue to be plagued by volatility, due chiefly to uncertainties around weather conditions, production levels and geopolitical tensions. 

According to market watchers, the prices of key food staples – sugar, coffee, corn and soybeans – are likely to decline next year.

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here