JAKARTA – Executive Director of Indonesian Palm Oil Association (IPOA), FadhilHasanreported, the average crude palm oil (CPO) price in March re-decreased 2,4% than the price in February.
“The average price in March reached about US$ 662 per metric ton with the daily price about US$630 – US$ 708 per metric ton,” he explained in his official statement, Friday (17/4).
Meanwhile, the global daily CPO price in the first two weeks was still stagnant, reaching about US$ 647 – US$ 670 per metric ton.
Fadhilcontinued, IPOBA predicted, CPO price by the end of April will be about US$ 650 - US$ 690 per metric ton. (T3)
