 And on business news, global palm oil and other vegetable oil prices climbed on Monday, April 25 to treat near multi-year highs. Indonesia's decision to ban palm oils exports heightened consent about global food supplies. Importers have been left with no option but to pay top prices for edible oils with inventories of alternatives already running low and this is due to adverse weather and Russia's invasion of Ukraine. Prices of palm oil climbed more than 6% on the Bossa Malaysia derivatives exchange, inching closer to an all-time high reached in March. Chicago's soy oil futures hovered near the highest since 2008. Indonesia, the world's top palm oil producer, announced plans to ban exports on Friday, April 22 in a shock move that could further inflame surgeon global food inflation. Indonesia counts for more than half of global palm oil supply. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.