CPO Prices Set For Rebound in 2016
Nandini Vijayaraghavan, Director of Asia-Pacific Corporates, Fitch Rating
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Crude palm oil prices have risen from Feb & March this year, bucking a trend in its decline. However, palm oil plantation players are not out of the woods yet as rising input costs are squeezing margins. Further policy measures announced by Indonesia to curb deforestation and prevent further clearing of land are also potential risks, but CPO prices in Indonesia are projected to remain high due to falling outputs from the El Nino weather phenomenon.
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