MPOB: CPO price has peaked, projected to decline in near term
Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin noted further that the expected decline in CPO price, starting in the third quarter of this year, needs to be offset by higher production. Malaysia is targeting CPO production of 20 million tonnes for 2022, compared with 18 million tonnes in 2021.
By: via Malaysian Palm Oil Council Russia
To promote the market expansion of Malaysian palm oil and its products by enhancing the image of palm oil and creating better acceptance of palm oil through awareness of various technological and economic advantages (techno-economic advantages) and environmental sustainability. MPOC on Telegram https://t.me/oilpalm
MPOC
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