InfoSAWIT, JAKARTA -Indonesian Palm Oil Association (IPOA) noted, inMaythe daily CPO showed better compared to April. It was about US$ 695 – US$ 740 per ton within the average reaching US$ 720,1 per metric ton.
In the contrary, in June, the global CPO price was not good, about US$ 640 – US$ 725 per metric ton within the average reaching US$ 681,3 per metric ton.
It was stagnant, less than US$ 700 per metric ton in the first two weeks of July. IPOA predicted, in the next two weeks, it would be about US$ 650 – US$ 690 per metric ton. (T2)
