Lower crude palm oil prices on the horizon


PETALING JAYA: Crude palm oil (CPO) prices are projected to soften in the second quarter of this year, weighed down by increasing supply and declining prices, says CGS International Research (CGSI Research) .

Palm oil production for March showed that Malaysia’s palm oil inventory rose 4% month-on-month (m-o-m), according to the Malaysia Palm Oil Board (MPOB).

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CPO , palm , oil , plantations

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