Analysts forecast CPO prices at RM4,000-RM4,200 next year
KUALA LUMPUR (Nov 9): Malaysia’s crude palm oil (CPO) is expected to trade between RM4,000 and RM4,200 per tonne next year, down from RM4,900 per tonne recorded in 2022, impacted by weather developments, geopolitical risks, government policies and slower global economic growth, said industry experts. Fastmarket Palm Oil Analytics senior analyst Sathia Varqa said supply [...]
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