KUALA LUMPUR (April 12): Malaysia’s crude palm oil (CPO) price breached RM4,270 per tonne on April 9, surpassing the all-time previous peak of RM4,247 per tonne recorded on March 15, 2021, said the Malaysian Palm Oil Board. Director-general Dr Ahmad Parveez Ghulam Kadir said that among the factors contributing to this was the increase in exports and low stocks despite reports of production increase. “Prices of other soft oils are also high and the CPO is expected to sustain above RM3,500 for two to three months. “This is despite the increase in production as seen in March where it increased from 1.1 million tonnes to 1.4 million tonnes,” he told