CPO price seen higher next year


THE local plantation sector experienced a rather subdued year in 2013 on concerns over high end-December 2012 palm oil stocks, sluggish exports which could not match the higher than expected production and tepid performance of crude palm oil (CPO) prices averaging about RM2,400 per tonne versus RM2,764 per tonne in 2012 .

As 2013 draws to a close, what lies ahead for the sector in 2014?

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , plantations

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