MPOB PALM OIL PRICES (RM/MT) : MAR 13

HAZLEY LANAHON
 MPOB PALM OIL PRICES – MARCH 13, 2020 (RM/MT)
  MAR APR MAY
  CPO DELD                 2,285.50 NT NT
  PK EX-MILL NT NT NT
  CPKO DELD                2,794.50 NT NT
  RBD P. OIL (FOB) NT NT NT
  RBD P. OLEIN (FOB) NT NT NT
  RBD P. STEARIN (FOB)       NT NT NT
 Note : Preliminary. NT – No Transaction
 Actual In Homepage

LOCAL MALAYSIA CPO PRICES TRADED EASIER AS MARKETS ARE WORRIED THAT THE CORONAVIRUS PANDEMIC WILL REDUCE PALM OIL CONSUMPTION ESPECIALLY FOOD SERVICE INDUSTRY WHEREBY DEMAND FOR PALM OIL WILL NEGATIVELY AFFECTED. WEAKER CRUDE OIL AND SOYABEAN OIL PRICES IN THE WORLD MARKET ALSO WEIGHED DOWN PRICES. CPO DELIVERY PRICES TRADED BETWEEN RM2,220/TONNE AND RM2,350/TONNE.

 

-- BERNAMA