Crude palm oil (CPO) settled at US$895 per ton in Rotterdam (CIF) Wednesday (Sep 28), a level last seen in November 2020. Malaysian palm oil futures bottomed around the MYR 3,200 per ton mark, a level not seen since February 2021, pressured by prospects of increasing supplies and mounting fears about a global recession-driven demand downturn. It has fallen 27.59% on yearly basis.To subscribe please click here
