Palm oil prices to weaken to RM4,000 per tonne by 4Q, says analyst Mistry
KUALA LUMPUR (June 9): Crude palm oil (CPO) prices are expected to weaken to RM4,000 per tonne by the last quarter of the year (4Q22), driven by an increase of CPO production in Indonesia and dampened demand for vegetable oils, said Godrej International Ltd director and edible oil analyst Dorab Mistry. In a report on…
