CPO seen at RM2,500 a tonne by year end, says Rabobank
- 6 years ago
Rabobank said Crude Palm Oil (CPO) prices should end the year at 2,500 ringgit a tonne which is lower than the average price of 2,600 ringgit to 2,700 ringgit in the first half of the year.
The Dutch multinational company banking and finance company said the forecast had taken into account supply-demand and price dynamics of rival crop ,Soybean.
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The Dutch multinational company banking and finance company said the forecast had taken into account supply-demand and price dynamics of rival crop ,Soybean.
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