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