Mielke sees Malaysian palm oil price at RM3,800-4,300 in next 3 mths


KUALA LUMPUR: Malaysian palm oil price is seen trading in the range of 3,800 to 4,300 ringgit in the next three months as supplies tighten, leading industry analyst Thomas Mielke said on Wednesday.

Malaysia's palm oil benchmark contract was trading at 4,042 ringgit ($854.73) at 0409 GMT, up 1.4% from a day earlier.

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Thomas Mielke , CPO , plantations , Oil World

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