Bullish CPO outlook


Hot sector: A file picture of loose oil palm being collected at a plantation in the peninsula. Analysts expect continued demand strength from China for crude palm oil.

PETALING JAYA: The outlook for crude palm oil (CPO) is bullish for now, but this could be disrupted by weaker demand in the short term.

Analyst tracking the sector said September data showed that production of CPO came in below expectations, but October is expected to see a production rise with growth likely to come from Peninsular Malaysia and Sabah.

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Bullish , CPO , palm oil , outlook , production , peak ,

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