CPO Price To Moderate In 2H, OCBC Raises FY Forecast To RM3,950
24/06/2024 (Business Today) - CPO price has risen by 1.5% since previous Monthly Commodity Outlook publication on 24 May says OCBC which reached MYR3,930/mt as of 21 June closing. This brings the quarter-to- date average price to MYR4,040/mt, representing a ~1.0% increase compared to the 1Q24 price average of MYR3,998/mt.