CPO futures are down 5% on a year to date basis. This despite the reopening of China which is one of the largest buyers of vegetable oils. Hoe Lee Leng, Regional Head of Plantations at RHB Investment Bank explains this price weakness whilst telling us her CPO price expectations for 2023 and what stocks might outperform.

Image credit: Shutterstock

Produced by: Wong Shou Ning, Sim Wie Boon

Presented by: Wong Shou Ning, Shazana Mokhtar

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Categories:  markets,  Corporates

Tags:  labour shortages,  palm oil competitors,  cpo price,  palm oil industry,