Average CPO price for 2013 is RM2371
K&N Kenanga forecast 2014 = RM2800
YWC forecast 2014 = RM2200 to RM2500
Well, this is for record only, just to see whether my prediction is accurate. The basis is principally based on long term CRB Index, which is on a down trend over the last 3 years, hence, projecting that it will continue its downtrend over the next few years. This basis is a 2 minutes thoughts, no research done on the demand and supply.
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