Master of Debauchery! Palm Oil Prices skyrocket by almost 16% this week

Jakarta, CNBC Indonesia – The price of crude palm oil (Crude Palm Oil/CPO) shot up this week. CPO prices are back above MYR 4,000/ton. Throughout this week, the price of CPO on Bursa Malaysia skyrocketed 15.79% point-to-point. Much higher than the previous week’s increase of 3.23%. This week, CPO prices posted a fourth straight day … Read more

Palm Oil Prices Drop, The Cause Is Not Playing, Duh

GenPI.co – The price of palm oil or crude palm oil (CPO) fell slightly on Wednesday (6/4) in line with stock uncertainty in global markets. Market participants continue to observe the impact of the new sanctions against Russia so that concerns regarding vegetable oil stocks in the market are getting bigger. Palm contracts for June … Read more

Investors Start Profit Taking, CPO Price Slumps 16% This Week

Jakarta, CNBC Indonesia – After the price shot up for three consecutive weeks, the price of palm oil (crude palm oil/CPO) this week’s benchmark immediately turned upside down. Throughout this week, the price of CPO on the Malaysian stock exchange for the June 2022 contract fell by 16.07% on a global basis point-to-point ke level … Read more

Not Just Coal, CPO Prices Jump Again Touch the New ATH!

Jakarta, CNBC Indonesia – Palm oil prices (crude palm oil/CPO) the benchmark was observed to have surged on Thursday (3/3/2022), following the increase in other commodity prices. The price of CPO again scored a new high (all time high/ATH) today, in the midst of the still heated tensions of the Russia-Ukraine conflict that have an … Read more