Unlike crude oil, palm oil continues its rally. The benchmark April contracts of crude palm oil (CPO) advanced RM30 to RM2626 per ton Friday (Feb 12), while May contracts jumped RM36 to RM2626, highest level in more than seven months. Interestingly, Malaysian planters continue to accummulating assets in Indonesia. Other than Kulim Berhad, Oriental Holdings Berhad has recently acquired plantation asset in Sumatera.To subscribe please click here
