palm oil

Analysts forecast lower CPO prices from 2Q onwards for this year

by

[ KUALA LUMPUR: Malaysia’s crude palm oil (CPO) is expected to trade lower from the second quarter onwards this year after witnessing high prices of RM4,000 per tonne in the first quarter of 2024, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa. He said supply risk from weather and geopolitical tension are the two … Read more

MPOA affirms commitment to sustainable palm oil sector growth

by

[ KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) has welcomed Datuk Seri Johari Abd Ghani and Datuk Chan Foong Hin on their respective appointments as the new Minister and new Deputy Minister of the Ministry of Plantation and Commodities (KPK). “Collaboratively, we aim to sustain the momentum, engaging towards aiding policies that strive to … Read more