MARKET DEVELOPMENT
Palm oil expected to trade between RM4k to RM5k until August
Palm oil expected to trade between RM4k to RM5k until August
08/03/2023 (Free Malaysia Today), Kuala Lumpur - Malaysian palm oil is expected to trade between RM4,000 and RM5,000 per tonne from now until August as Indonesia’s ambitious biodiesel mandate will keep stocks tight in the first half of 2023, industry analyst Dorab Mistry said today.