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Latest news. EU is reportedly set to grant a zero tariff rate for up to 1 million tons of Indonesian crude palm oil annually under a pending free trade deal, raising competition for Malaysian exporters.
4 Aug 25. CPO continues to slip to 4186 as inventories rose for 5th straight month in July to highest level in 2 years. Malaysian exports capped by aggressive discounting from Indonesia
Anything is possible, ha ha. Cpo may test 4600 or even go ballistic to 5100. And jtiasa may cross into 134c range or shoot to 140++ range. Yet I will always sell on the way up and leave the peak price profit to the professional, ha ha..