Downward trend: A file picture showing workers transporting freshly harvested oil palm fruit bunches in Sungkai. CPO prices have been on a downward trend since January this year.
PETALING JAYA: Rising production, which is projected to linger to the third quarter of the year, will weigh on crude palm oil (CPO) price outlook.
CPO prices has been on a downward trend since January this year. It has dropped 22.26% to close at RM2,459 on Friday.
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