Bursa CEO sees another uncertain year for commodities on unpredictable weather, trade policy change

Bursa Malaysia Bhd chief executive officer (CEO) Datuk Muhamad Umar Swift said on 4 October, it is crucial for businesses to implement a more robust commodity price risk management strategy to mitigate fluctuating prices in anticipation of another uncertain year for the sector on Covid-19-driven economic recovery uncertainty, unpredictable weather and global trade policy change. Muhamad Umar said the COVID-19 pandemic had greatly affected the global commodities sector by affecting production and demand besides creating supply chain and market disruptions.