Malaysian Palm Oil Council Russia's Post

High prices push CPO traded on Bursa to 405m tonnes in 2022, five times world output
https://mpoc.org.my/high-prices-push-cpo-traded-on-bursa-to-405m-tonnes-in-2022-five-times-world-output/

KUALA LUMPUR (March 8): The amount of crude palm oil (CPO) traded via futures contracts (FCPO) on Bursa Malaysia Derivatives (BMD) spiked in 2022 due to exceptionally strong prices of the tropical oil recorded last year. According to BMD’s director Mohd Saleem Kader Bekas, 405 million tonnes of CPO, equivalent to five times of the […]
By: via Malaysian Palm Oil Council Russia