CPO Prices Up, Up And Away
Alvin Tai, Soft Commodity Analyst, Bloomberg Intelligence
CPO prices have breached RM4000/tonne recently on the back of low palm oil inventories and bad weather conditions in South America impacting the supply of the key substitute oil, soybean. But is this rally sustainable and which planter stands to benefit? Alvin Tai, Soft Commodity Analyst at Bloomberg Intelligence, gives us his views.
Produced by: Roshan Kanesan
Presented by: Khoo Hsu Chuang, Philip See, Wong Shou Ning
Download the BFM mobile app. Stay at home and stay up-to-date.