Jakarta, CNBC Indonesia – Crude palm oil prices (Crude Palm Oil/CPO) moved down in morning trading ahead of this afternoon. In the future, what are the prospects for CPO prices?
On Monday (11/10/2021) at 10:42 WIB, the price of CPO on Bursa Malaysia was recorded at MYR 4,937/ton. Down 0.58% compared to last weekend’s closing position.
It seems that investors are disbursing the profits from the CPO contract. Understandably, in the last week the price still posted an increase of 7.72% point-to-point.
In the past month, CPO prices jumped 14.34%. Since the end of 2020 (year-to-date), the price skyrocketed 37.14%.
Next Page –> CPO Prices Can Still Rise
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