Malaysian Palm Oil Council Russia's Post

Malaysian crude palm oil seen up 4pc in 2024 on biodiesel demand, stagnant output
https://mpoc.org.my/malaysian-crude-palm-oil-seen-up-4pc-in-2024-on-biodiesel-demand-stagnant-output/

JAKARTA, Jan 18 — Malaysian crude palm oil (CPO) prices are expected to rise in 2024, as stagnant production despite rising demand for biodiesel is seen offsetting the impact of higher output of rival oils, a Reuters poll showed. Benchmark palm prices will average RM3,950 a metric tonne in 2024, up 4.06 per cent from […]
By: via Malaysian Palm Oil Council Russia