KUALA LUMPUR: Palm oil expert Dr James Fry is maintaining his forecast that crude palm oil (CPO) price (FOB) could hit above US$600 per tonne by end of the first quarter 2016 without the occurance of the El Nino.
“But should a full blown El Nino happen, this will take CPO prices above US$700 per tonne by middle of next year,” he pointed out.
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