But for some 650,000 smallholders and stakeholders of the oil palm industry, the surging price of CPO must feel like the lifting of a siege. They must have celebrated.
A milestone has been achieved!
The crude palm oil (CPO) spot prices reported by the Malaysian Palm Oil Board have averaged close to RM4,050 per tonne in the first five months of this year.
Already a subscriber? Log in.
Unlock 30% Savings on Ad-Free Access Now!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
