Where Is The CPO Price Heading?
Alvin Tai, Analyst, Bloomberg Intelligence
17-Sep-24 07:30
Embed Podcast
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
Close
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
Produced by: Natalie Tan
Presented by: Shazana Mokhtar, Keith Kam
This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.
Tags: soybean oil, crude palm oil, ringgit malaysia, commodity prices,