Today crude oil price fluctuate at USD92 - 93 per barrel. What price of fuel are we expecting now? RM 2.20/liter or even lower?
Just came back from Kuantan this morning 2am. Some oil palm sector personnel predict the CPO price will drop further to RM2000/mt before bounce back end of the year. Is that means plantation stocks will further go down? It seem like CI going to touch 1000 marks soon...... sigh!