JAKARTA – Crude palm oil (CPO) price in the Malaysian Stock Exchange, Tuesday (24/2) decreased significantly. Besides the decreasing crude oil in the world, decreasing CPO exports did make it too.
Quoting from VibizNews, CPO price in the contract of May fell down to RM 18 or 0,6% to be RM 2.221 per ton.
Analyst Vibiz Research Center estimated, the CPO price in the next trade will be potential to keep decreasing for the low demands which are reflected from the low exports from Malaysia. (T3)
