Analysts maintain crude palm oil prices forecast

KUALA LUMPUR, July 11 (Xinhua) -- Analysts on Thursday maintained the crude palm oil (CPO) prices forecast after Malaysia's palm oil stockpiles remained on an uptrend.

Maybank Investment Bank said in a note that it retained its CPO average selling price forecast of 3,700 ringgit (787 U.S. dollars) per ton for 2024.

"Barring any weather surprises especially in the Northern Hemisphere, palm oil prices in th