MALAYSIA'S average crude palm oil (CPO) price this year is expected to be between RM1,600 and RM2,100 per tonne in view of the current high demand and anticipated tightness in world oilseeds supply and stocks level.
This was the consensus of the 12 speakers at a panel discussion at the end of the Malaysia Derivatives Exchange Bhd's (MDEX) 15th Annual Palm Oil & Lauric Oils Conference & Exhibition: Price Outlook 2004/2005 in Kuala Lumpur yesterday.
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