PETALING JAYA: Rising crude palm oil (CPO) prices, which have hit a 13-year high, may have peaked as further upsides could be capped by increases in inventory levels.
Malaysia’s palm oil inventories rose to their highest level in four months in March, gaining 11% month-on-month to 1.45 million tonnes.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!