Those Continue to Invest in Palm Oil: KL Kepong
Short-term outlook of crude palm oil (CPO) yet to improve with contract price for most part of 2018 traded below RM2500 per ton. That, however, doesn’t prevent companies to expand in Indonesia, the world’s largest producer of the commodity. Two companies listed on KL Stock Exchange with growing plantation operations in Indonesia, for example, have recently joined forces for downstream processing.
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