PETALING JAYA: A potential delay in replanting activities among oil palm planters is envisaged this year, given the current record high crude palm oil (CPO) prices, say industry experts.
The spot CPO price on Feb 24 showed a new historical peak at RM6,845.50 per tonne, with the highest and lowest traded contracts at RM6,880 per tonne and RM6,750 per tonne, respectively.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!