KUALA NERANG (March 13): The price of crude palm oil (CPO) is expected to continue to rise at least until the third quarter of this year and is projected to reach RM9,300 a tonne.
Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin (pictured) said the figure was achievable based on the development of CPO futures contract trading on Bursa Malaysia Derivatives.
“If you monitor CPO futures, Insyallah it will touch RM9,300 a tonne. We think the upward trend in palm oil price