All in view of prices crossing RM3,000/tonne mark. We came away from the first day of the 2010 POC (Palm and Lauric Oils Conference) with a “bullish vibe”, as three of the speakers who made price forecasts had relatively bullish expectations, projecting CPO prices to cross the RM3,000/tonne mark this year. Price forecasts were given by Ms. Anne Frick from Prudential Bache Commodities LLC, Mr. Nagaraj Meda, from Transgraph Consulting Pvt Ltd, a commodities consulting company based in India and from Mr Dorab Mistry, from Godrej International.
Plantation : All For CPO Prices Crossing RM3,000/Tonne - 10/03/2010
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