Bakke: CPO price expected at RM2,250-RM2,500


Executive chairman/managing director Tan Sri Mohd Bakke Salleh(filepic) said CPO prices hit the floor price of RM2,100 per tonne in July.

PETALING JAYA: Sime Darby Plantation Bhd expects crude palm oil (CPO) prices to range between RM2,250 and RM2,500 per tonne in the second half of 2018.

Executive chairman/managing director Tan Sri Mohd Bakke Salleh said CPO prices hit the floor price of RM2,100 per tonne in July.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Teladan to launch projects with RM1.2bil GDV
Bursa Malaysia to close for Wesak Day
Hong Leong Bank to fully subscribe to RM350mil Asean Green Bond to finance green warehousing
Coastal Contracts secures vessel sale and 5-year charter extension
TSH to seek strategic opportunities within sustainable segment
FBM KLCI ends at 3-year high
Gold hits record peak as rate-cut bets burnish appeal, silver jumps
KAB to expand its energy solutions and customer base
Oil climbs after Iran's president dies, Saudi flags issue with king's health
Bursa Malaysia introduces trading reminders in addition to UMA queries

Others Also Read