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Price Rise: CPO price seen rising to about 79,000 rupees per tn by year-end

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Price Rise

CPO price seen rising to about 79,000 rupees per tn by year-end

This story was originally published at 21:18 IST on September 19, 2024  Back
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By Taniva Singha Roy, Anjali Lavania, and Sandeep Sinha

Global crude palm oil prices are on an upward trajectory and may cross the 4,000 ringgit-per-tn mark, or about 79,000 rupees, after remaining in the range of 3,700-3,900 ringgits, or about 73,000-77,000 rupees, per tn till the end of the year, said Sathia Varqa, managing editor at Fastmarkets Palm Oil Analytics, at the Globoil India conclave today.

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