1.1 Prices in the domestic and export market on the whole was mixed. Crude palm oil was down by RM40.50 from RM778.00 to RM737.50, with the lowest traded price at RM710.00.
Prices continue to be weighed down by increasing production and high stock level.
Intense export competition from Indonesia due to weak Rupiah. 1.2 Crude palm oil price in Europe was traded lower.