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CPO

Party Time for Plantations!

Tuesday, July 31, 2001

The price of crude palm oil has rocketed on the international market. This time, let the farmers and plantation owners be the first to enjoy this good fortune.

arsip tempo : 173230487419.

. tempo : 173230487419.
AFTER a long dormant period, the price of crude palm oil (CPO) has begun to rise again on the international market. Last week, on the Rotterdam market, the price of CPO reached US$360 per ton, a 33-percent increase compared to previous prices, which hovered around the US$260 to US$270 mark. According to Erwan Teguh, an analyst from SocGen Securities, this price increase was triggered mainly by a reduction of around 1 million tons in Malaysia's ...

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