KUALA LUMPUR: The crude palm oil (CPO) price is expected to remain volatile in the second half of the year amid the ongoing volatility of the global economic and operating environment, said SD Guthrie Bhd
in its outlook for the remainder of the year
The group, formerly known as Sime Darby Plantations, said the industry is entering its peak output cycle, supported by improved weather conditions, softer biodiesel demand amidst the low crude oil price environment, and the ongoing global macroeconomic uncertainty.
