Brace for crude palm oil price correction


PETALING JAYA: The plantation industry has been going on a joyride with crude palm oil (CPO) prices surging to record-high levels, but this trend may shift to a lower gear over the next few months.

According to Malaysian Palm Oil Board director-general Ahmad Parveez Ghulam Kadir, the industry needs to brace for a correction in CPO prices.

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