Crude Palm Oil May Fall As Low As MR2,600/mt as Asian Production Recovers: CIMB’s Ng
08/02/2017 (Hellenic Shipping News Worldwide) - Crude palm oil prices will remain “fairly firm†in the short term due to tight stocks, but prices could fall as low as MR2,600/mt or $587.24/mt by the second quarter, depending on the recovery of CPO supply, CIMB Bank Malaysia’s Regional Head of Plantations, Ivy Ng, said.
