CPO and steel prices to stabilise in 2017


A worker arranges palm oil fruits at a factory in Sepang. Malaysia accounts for 33.1% of the world

SEVERAL commodities such as crude palm oil (CPO) and steel have seen a good run this year after having been in the doldrums in 2015. But can the run be sustained?

CPO has risen more than 22% on a year-to-date basis, while steel prices have gone up by almost 56% since the beginning of the year.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , cpo , steel

Next In Business News

Coastal Contracts unit sells offshore support vessel for RM175.78mil
FGVPI targets RM1bil pre-tax profit by 2030
Asian stocks head for strong weekly gains as US rate hike bets fade
Malaysia's current account remains surplus at RM10.8bil in 2Q 2026 - DOSM
Policy consistency, strong fundamentals anchor investor confidence - Bank Negara Governor
Ringgit remains broadly stable against major trading partners in 2Q 2026 - Bank Negara
Maxis records stronger 2Q net profit of RM436mil, declares 4c div/share
Affin Bank records net profit of RM127.52mil in 2Q
CelcomDigi posts RM398mil net profit in 2Q, 3.4c div/share
Malaysia's 2Q GDP outpaces estimates at 6%

Others Also Read