Brace for crude palm oil price correction


PETALING JAYA: The plantation industry has been going on a joyride with crude palm oil (CPO) prices surging to record-high levels, but this trend may shift to a lower gear over the next few months.

According to Malaysian Palm Oil Board director-general Ahmad Parveez Ghulam Kadir, the industry needs to brace for a correction in CPO prices.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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.

   

Next In Business News

Step back and watch
Bull waits for liquidity to return
Magnum can strike it big again
All sails set for MISC-Bumi Armada merger
Dicey days for chip makers
After a homeowner passes
A stinky nuisance: When septic tanks burst
Decarbonising cement: Are we ready?
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Shedding light on power sector prospects

Others Also Read