CPO prices seen retreating


WITH barely three months left in 2013, many oil palm players seem to have come to terms with the likelihood that crude palm oil (CPO) won't climb back above the RM2,500 per tonne mark by year-end.

This is especially so when the price of CPO continues to succumb to unexpectedly high palm oil production and the overall weak sentiment in the economies of major importing nations.

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Business , palm oil

   

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