Opening day: Uggah, Bursa CEO Datuk Seri Tajuddin Atan (centre) and chairman Amirsham A Aziz (right) at the launch of the Palm & Lauric Oils Conference 2016.
KUALA LUMPUR: Industry players are turning bullish on crude palm oil (CPO) prices, believing that demand for the commodity will rise over the next one year.
Their view stems from the fact that the drought which had hit Indonesia, which is the world’s biggest palm oil producer, will affect supplies moving forward.
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