PETALING JAYA: International vegetable oils expert Thomas Mielke expects crude palm oil (CPO) to undergo a price correction of between 15% and 20% by the end of the year.
Mielke, who is executive director of ISTA Mielke GmBH (Oil World), said CPO price could weaken by end-December and will continue to see more weakness in the first half of 2022.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
