JAKARTA, Feb 25 Asia Pulse - The price of crude palm oil (CPO) in Jakartahit a record high of US$550 per ton in an auction on Tuesday. DahlanSurbakti, an official of the joint marketing office of state plantationcompanies, said reports of falling CPO supply from Malaysia and a scarcityin soybean supply to the international market triggered a surge in theprice. Surbakti said the soybean oil supply declined as a result of a longdrought in Argentina and Brazil. Malaysia and Indonesia are the largestand second largest producers of CPO in the world, respectively. (ANTARA)