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CPO prices to stay above RM3,000: Sime

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CPO prices to stay above RM3,000: Sime Empty CPO prices to stay above RM3,000: Sime

Post by hlk Fri 22 Jul 2011, 21:25

Crude palm oil prices should remain firmly above RM3,000 per tonne until
the end of this year and early next year, said managing director of
Sime Darby Plantation, Franki Anthony Dass.


He said demand for palm oil was still good and many manufacturers
were shifting to palm oil to reduce production costs. -- Bloomberg


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