Ongoing supply risk, improving demand brightens prospects for CPO prices — IOI CEO
31/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) prices are expected to be continuously supported by supply constraints and its price competitiveness against other edible oils in 2023, amid unfavourable geopolitical development in Russia and Indonesia’s palm oil export friendly policies, according to a senior executive in the sector.