Date: May, 2009
Abstract: The lofty heydays of palm oil came to an abrupt end when crude palm oil (CPO) prices corrected sharply from record high levels in the second half of 2008 to their current levels at around USD 600 per tonne. The exception to this is palm oil certified by the Roundtable for Sustainable Palm Oil (RSPO), which commands a price premium of at least 10 percent.
The severe price decline was due, in part, to a general sell-off by the investing community as managed commodity funds underwent a ...
Research Type: Industry Note