Crude oil, CPO markets steadily up

Only speculation: Workers inspecting the quality of the oil palm fruits at a factory in Sepang. Industry observers are brushing off India’s boycott threat as speculation. — AFP

PETALING JAYA: The commodities market, especially crude oil and crude palm oil (CPO) has been climbing steadily in the final quarter of 2019.

The markets are seeing some stability after months of declines which occurred owing largely to an oversupply situation which had caused an imbalance.