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Nikkei Markets

Malaysia Expects Crude Palm Oil Price Between MYR2600/Ton-MYR2700/Ton Next Year-Minister

By Gho Chee Yuan
Nikkei Markets
KUALA LUMPUR (Nov 14) -- Crude palm oil price is expected to range between 2,600 ringgit ($620.6 ) a ton and 2,700 ringgit per ton in 2018, Malaysia's plantation industries and commodities minister said Tuesday.

Palm oil prices have declined to 2,761 ringgit a ton on Monday from 2,837 ringgit per ton on Nov. 1, according to data from Malaysian Palm Oil Council.

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