Malaysian Palm Oil Council Russia's Post

Lower CPO output in 2024 likely to lift price sentiment
https://mpoc.org.my/lower-cpo-output-in-2024-likely-to-lift-price-sentiment/

PETALING JAYA: The high palm oil stockpile in major palm producing countries that will likely peak soon, favourable palm oil–gas oil (Pogo) spread and lagged impact of El Nino on palm production, are expected to support crude palm oil (CPO) price from 2024 onwards. Hong Leong Investment Bank (HLIB) Research said CPO price has been […]
By: via Malaysian Palm Oil Council Russia