Challenges seen ahead for planters

PETALING JAYA: After enjoying the months-long rally that lifted crude palm oil (CPO) prices to a high that was last seen more than a decade ago, planters will need to brace themselves for a number of challenges ahead.

While persistent low palm oil stock levels have been instrumental in pushing CPO prices above the RM4,000-per-tonne range, there are views the commodity may not be able to sustain its price momentum too long.