PETALING JAYA: The year 2007 promises to be another fantastic one for commodities such as crude palm oil (CPO), tin, rubber and timber, the prices of which have been riding high on the global commodities boom.
Commodity experts are pegging the price of CPO at above RM2,000 a tonne, tin at US$12,000 per tonne and rubber tyre-grade SMR 20 at above RM6.50 a kilo in anticipation of overwhelming global demand and constraints in supply next year.
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