Fastmarkets Acquires Palm Oil Analytics
Summary
Fastmarkets, a London, UK-based price reporting agency (PRA) serving the metals, mining, forest products, energy transition and agriculture markets, acquired Palm Oil Analytics, a Singapore-based provider of prices, data and news on palm oil and its derivative products. The company offers reporting and insight on palm oil and its derivatives products to the global market. Led by CEO Raju Daswani, Fastmarkets is a price reporting agency (PRA) and information provider for global commodities, offering price data, news, analytics and events for the agriculture, forest products, metals and mining, and new generation energy markets. Its data is used by customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. It has more than 500 employees spread across global locations in the UK, US, China, Singapore, Brazil, Belgium and Finland.