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.