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Commodities Buzz: Global Food Prices Stays Supported Says FAO

7 Feb 2022 , 03:15 PM

The FAO Food Price Index (FFPI) averaged 135.7 points in January 2022, 1.5 points (1.1%) higher than in December 2021. The FFPIs rebound in January was led by solid gains in vegetable oils and dairy sub-indices, partially offset by a decline in sugar prices for the second consecutive month. Meat and cereal sub-indices remained largely unchanged.

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