Crude Palm Oil (CPO) Price on the Rotterdam Commodity Exchange Falls to US$950 per Metric Ton (Tuesday, March 14, 2023)

Agus Dwi Darmawan 14/03/2023 09:35 WIB

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Read: CPO Price Remains at US$940 per Metric Ton, as shown on Investing.com

Crude Palm Oil (CPO) Price Developments on the Rotterdam Commodity Exchange Over the Last 14 Days (Tuesday, March 14, 2023)

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Crude Palm Oil (CPO) Price on the Rotterdam Commodity Exchange Falls to US$950 per Metric Ton (Tuesday, March 14, 2023)

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Crude Palm Oil (CPO) Price Developments on the Rotterdam Commodity Exchange Over the Last 14 Days (Tuesday, March 14, 2023)

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The price of CPO on the Rotterdam commodity exchange this morning, until 09.09 WIB (Western Indonesian Time), is US$950 per metric ton as of Tuesday, March 14, 2023. This is a 2.06% decrease compared to the previous day's closing price of US$970 per metric ton. Today's CPO trading on the Rotterdam commodity exchange is expected to range from US$950 to US$1,075 per metric ton.

According to investing.com, the price of CPO on the Rotterdam commodity exchange has fallen by 4.04% in the past week. Compared to the previous 30 days, the price is still down by 3.8%.

However, over the past year, CPO on the Rotterdam commodity exchange has actually experienced a decline. The previous record high reached US$1,950 per metric ton.

For the period of January-March 2023, the price of CPO on the Rotterdam commodity exchange has shown a downward trend, falling by 7.77% compared to the beginning of the year, which was at US$1,030 per metric ton.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."