KUALA LUMPUR: CIMB Equities Research has cut its average crude palm oil (CPO) price forecast by 5% - 11% for 2014 to 2016 to reflect larger-than-expected global edible oil supplies as well as weaker demand for biodiesel usage in Indonesia.
KUALA LUMPUR: CIMB Equities Research has cut its average crude palm oil (CPO) price forecast by 5% - 11% for 2014 to 2016 to reflect larger-than-expected global edible oil supplies as well as weaker demand for biodiesel usage in Indonesia.