This paper explains the Malaysian Palm Oil Board's Daily Fresh Fruits Bunch (FFB) Reference Price, which was officially launched on 20 February 2001. It highlights the price formula used and the computation according to the various regions. The reference price is meant as a guide to assist sma...
"No big shakes in the market now. We are going to watch for next week's MPOB data," one trader said, referring to the supply and demand data from the Malaysia Palm Oil Board which is expected to lend fresh cues to prices. Indonesia has raised its CPO reference price to $826.48/mt ...