MPOB sees crude palm oil price improving in 2017

Benchmark palm oil futures for February delivery on the Bursa Malaysia Derivatives Exchange rose 0.9 percent to 3,098 ringgit ($699) a tonne at the end of the trading day. Earlier in the session, they hit a low of 3,051 ringgit, their lowest since Dec. 1

JASIN: The crude palm oil (CPO) price is expected to strengthen further this year based on the price increase of up to 45 per cent last year, as well as government initiatives to venture into various markets especially in China.