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Where Is The CPO Price Heading?

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The price of crude palm oil is currently hovering above the RM3,800 level as Malaysia’s August palm oil stockpile rose to a six-month high since February, driven by seasonally higher production and lower exports. Alvin Tai, an analyst at Bloomberg Intelligence, shares his views on the direction of the commodity amid the strengthening of the ringgit, weakening soybean oil prices and even the prospect of another Donald Trump presidency.

Image Credit: shutterstock.com

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115 episode

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Where Is The CPO Price Heading?

Morning Brief

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Manage episode 440345627 series 2595701
Konten disediakan oleh BFM Media. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh BFM Media atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

The price of crude palm oil is currently hovering above the RM3,800 level as Malaysia’s August palm oil stockpile rose to a six-month high since February, driven by seasonally higher production and lower exports. Alvin Tai, an analyst at Bloomberg Intelligence, shares his views on the direction of the commodity amid the strengthening of the ringgit, weakening soybean oil prices and even the prospect of another Donald Trump presidency.

Image Credit: shutterstock.com

  continue reading

115 episode

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