PETALING JAYA: After almost two years of largely exciting gains, crude palm oil (CPO) futures dipped below the RM2,000 per tonne-mark yesterday for the first time since late March 2007, and analysts are expecting it to go lower.
The benchmark December CPO contract managed to stage a rebound in late trade yesterday to close RM90 down at exactly RM2,000 per tonne after a two-day break for the Hari Raya holidays, but not before going down to a low of RM1,934 in mid-session.
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