KUALA LUMPUR, Jan. 13 (Xinhua) — Crude palm oil (CPO) prices should remain elevated in the short term due to slower output, a Malaysian research house said Monday.
MIDF Research said in a note that with the expected slower recovery in Malaysia’s output amid low stock level, it anticipated the average CPO price to stabilize at 4,815 ringgits (1,067 U.S. dollars) per ton.
“It is crucial to note the slower
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