Bisnis, JAKARTA – Due to its lower price, crude palm oil (CPO) has held an advantage over other vegetable oil products such as soybean, rapeseed, and sunflower. That may change soon, however, as climate conditions potentially change the global vegetable oil market dynamics.
CPO Risks Losing in Competition to Other Vegetable Products
Climate conditions erode the competitiveness of CPO in the global market while increasing its competitors’, specifically soybean oil from South America.
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