PETALING JAYA: A combination of restocking activities in China, strong buying from India ahead of the Deepavali festival and a drop in inventory in Indonesia has fueled a short recovery play in crude palm oil (CPO) prices.
CPO prices have since rebounded by over 16% from a low of RM2,188 per tonne in July.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
