PETALING JAYA: Crude palm oil (CPO) prices yesterday dipped below RM2,900 a tonne for the first time in two months as a retreating crude oil price dented sentiment.
Traders said the market was also looking at the supply-demand situation in the vegetable oil market, on concerns that record high prices would limit demand from traditional buyers.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!