CPO price could reach RM2,000 in first quarter


  • Business
  • Wednesday, 07 Jan 2004

SPOT crude palm oil (CPO) prices are expected to remain firm at RM1,800 per tonne and possibly hit RM2,000 in the first quarter this year on strong fundamentals and amid a tight supply situation. 

Market players contacted by StarBiz were mostly upbeat on CPO prices for the first three months but were reluctant to comment on the outlook for the rest of the year. 

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