Fitch expects lower CPO price next year
by TMR/ pic by BLOOMBERG
FITCH Ratings expects crude palm oil (CPO) prices to decline in 2021 on higher supply despite some upside risk, such as a strong La Nina weather pattern. The rating firm said it expects the prices to average USD560/tonne (RM2268) over the year. “There are indications that supply and inventory … Continue reading Fitch expects lower CPO price next year
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