Last year CPO prices at one point reached a record high of over RM6000 ringgit per metric tonne in April, as a result of heightened demand due to the Ukraine war and issues affecting production supply. It’s currently trading at a much more modest RM3970 ringgit, down 4% on a year to date basis. How will CPO prices trend in the months ahead? Alvin Tay of Bloomberg Intelligence discusses the outlook for the sector.

Image credit: Shutterstock

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Keith Kam

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  markets,  economy,  Corporates

Tags:  crude palm oil prices,  eudr,  indonesia,  palm oil,