As of yesterday, the physical price for palm oil stood at RM2,860 per tonne and CPO futures contracts, at RM2,689 and RM2,850..
KUALA LUMPUR: The Plantation Industries and Commodities Ministry is optimistic that the price of crude palm oil (CPO) will continue to rise up to RM2,500-RM2,600 per tonne by the end of this year.
Minister Datuk Muhd Khairuddin Aman Razali said demand for the country’s palm oil products continued to record an increase despite the Covid-19 pandemic.
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