Hope for CPO prices to continue uptrend


KUALA LUMPUR: Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong hopes that crude palm oil (CPO) prices will continue to trend at higher levels, especially since Malaysia has some 600,000 smallholders.

He maintained his CPO price projection at RM2,700-RM2,800 per tonne this year, higher than 2016’s average price of RM2,653 per tonne and RM2,513 per tonne in 2015.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , pdpalmoil , oil palm , palm oil

   

Next In Business News

Painting a brighter future
Got milk?
Higher gold prices expected to boost Malaysia’s exports
Google offers to loosen search agreements
Tether sees US$10bil in net profits for 2024
Hedge fund bets on Trump-linked currency shorts
Non-bank lenders miss targets
Starbucks workers’ union strikes across US
Teamsters target Amazon NYC warehouse
Highway veteran Azmil back to make inroads

Others Also Read