MPOB PALM OIL PRICES (RM/MT) : MAR 23

HUSSIN SULAIMAN
 MPOB PALM OIL PRICES – MARCH 23, 2020 (RM/MT)
  MAR APR MAY
  CPO DELD                 2,258.00 NT NT
  PK EX-MILL 1,410.00 NT NT
  CPKO DELD                NT 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 DRAGGED DOWN BY WORSENING DEMAND CONCERNS AS GOVERNMENT ACROSS THE GLOBE IMPOSED LOCKDOWNS TO CONTAIN THE COVID-19 OUTBREAK. THE SITUATION IS GLOOMY ON THE DEMAND FRONT AS BIG IMPORTERS LIKE INDIA, EUROPE AND THE MIDDLE EAST HAVE STRUGGLED WITH LOCKDOWN MEASURES THUS DEEPENED WORRIES ABOUT THE SLOWDOWN IN GLOBAL ECONOMIC GROWTH AND DIMMED THE OUTLOOK FOR COMMODITIES. CPO DELIVERY PRICES TRADED BETWEEN RM2,330/TONNE AND RM2,200/TONNE.

 

-- BERNAMA