Price of crude palm oil expected to trend higher in the near term


PETALING JAYA: Trading opportunities have emerged in the crude palm oil (CPO) futures market in the first quarter of this year, as prices are expected to trend higher in the near term.

According to Maybank Investment Bank (Maybank IB) Research, the price of CPO is expected to strengthen this month due to a low output cycle, lack of competing oils, and an expected Ramadan driven demand boost.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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