CPO prices still under pressure

KUCHING: Average selling prices (ASPs) for crude palm oil (CPO) remain suppressed with downside pressure from several factors including high inventory stock levels and moderating demand from importing countries. Remarking on the lacklustre outlook for the commodity, the research division of Hong Leong Investment Bank Bhd (HLIB Research) stated that it was ‘increasingly difficult’ for … Continue reading CPO prices still under pressure