Weak demand: The price of CPO has fallen by about 14 year-to-date and it is trading at RM2,147 per tonne. Inventory has swelled 43 to 2.19 million tonnes as of end-June.
CPO market besieged by rising stockpile, oversupply and weak exports
THE resilience of the plantation sector is being put to the test by a series of bearish factors, which has seen crude palm oil (CPO) prices heading south in recent weeks.
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