CPO prices to fall to RM5,300 per tonne on average in 2H22, says MPOB
13/07/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) prices are expected to average RM5,300 per tonne in the second half of 2022 (2H22), lower than in 1H22, due to expectations of higher global vegetable oil supply, higher CPO production, especially in the third quarter, as well as lower palm oil exports, said the Malaysian Palm Oil Board (MPOB).
