Malaysia's CPO price may stay higher if export to India is maintained

KUALA LUMPUR: Malaysia’s crude palm oil (CPO) futures benchmark price may trade higher in June and July at RM2,400 per tonne if the world’s second largest edible oil producer maintains its higher export figures, including its export to India, Palm Oil Analytics owner and co-founder Dr Sathia Varqa said.

However, as production reach its peak from August until October, the commodity price may falls slightly to RM2,200 per tonne.