(9/5/2022). -AZHAR MAHFOF/The Star
PETALING JAYA: The Malaysian Palm Oil Board (MPOB) expects the price of crude palm oil (CPO) to average at RM3,800 a tonne in 2023, as compared to RM5,100 this year.
The government agency expects the average price of CPO to ease in 2023 on expectations of higher palm oil production, better weather conditions in the second half of 2023 and improved supply availability of other edible oils.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
