Palm oil industry upbeat as economies reopen


Malaysia’s CPO futures benchmark price may trade higher in June and July if it maintains its higher export figures, including to India.

KUALA LUMPUR: After a sharp slowdown in the first quarter due to the Covid-19 lockdown imposed by countries across the globe, the palm oil industry has turned more optimistic.

As businesses resume operations, industry players expects demand for palm oil to pick up.

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crude palm oil , Covid-19 , MPOB , MPOC , demand

   

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