Correction seen in price of CPO in next 3 months


Palm oil Felda harvest. PublicInvest Research said in a report yesterday said it saw a potential correction in CPO prices by up to 20% in the next six months.

PETALING JAYA: Crude palm oil (CPO) prices, which may have peaked following the Russia-Ukraine conflict and Indonesia’s ban on palm oil, could see a correction in the next three months.

PublicInvest Research said in a report yesterday said it saw a potential correction in CPO prices by up to 20% in the next six months.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
palm oil , price , correctio , next month ,

Next In Business News

Wall Street jumps on Greenland framework deal
Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Stiff competition to reshape auto landscape
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract
Real estate credit hits US$79bil in 4Q
Oxford Innotech wins RM4.8mil data centre job
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls

Others Also Read