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Can CPO Sustain Above RM4,000 Per Metric Ton

10 mins·07:30, 24 Jul 2023
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Can CPO Sustain Above RM4,000 Per Metric Ton

10 mins
·
07:30, 24 Jul 2023
·

Guest: Alvin Tai, Analyst, Bloomberg Intelligence

News of Russia terminating the Black Sea grain corridor agreement gave an immediate uplift to crude palm oil prices last week. But is this knee jerk reaction sustainable or will the sector fundamentals continue to place downward pressure on CPO price? We ask Alvin Tai, Senior Analyst, Bloomberg Intelligence this question and where he sees CPO pricing headed moving forward?

Image by: Shutterstock

Presenter: Mark Tan, Wong Shou Ning, Keith Kam

Producer: Wong Shou Ning

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