JAKARTA: The Council of Palm Oil Producing Countries (CPOPC) forecasts palm oil prices could range between RM4,000 and RM5,000 per tonne in 2025, driv...
The Council of Palm Oil Producing Countries forecasts palm oil prices could range between RM4,000 and RM5,000 per tonne in 2025, driven by stagnating production in key producers, particularly Indonesia and Malaysia.
He noted that the current price level of around RM5,000 per tonne might be temporary, largely influenced by Malaysia's ongoing floods, which have bolstered bullish market sentiment.
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