CPO futures touch eight-year high


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PETALING JAYA: Crude palm oil (CPO) futures on Bursa Derivatives Exchange rallied to an eight-year high at RM3,420 per tonne on Thursday before closing lower at RM3,344 per tonne.

This came amid exceptionally low palm oil stocks to be carried over to next year and low soybean inventory.

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CPO , price , stocks , production , recovery , palm oil ,

   

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