Malaysia palm oil assoc sees near-term prices at 4,000 rgt/T as supply tightens

Capt. John

Malaysia’s benchmark crude palm oil prices are expected to stay supported at 4,000 ringgit ($885.15) a tonne in the near term due to tight availability of surplus, the Malaysian Palm Oil Association (MPOA) said on Saturday. Production in the world’s second largest producer in 2023 is forecast...

https://www.hellenicshippingnews.com/malaysia-palm-oil-assoc-sees-near-term-prices-at-4000-rgt-t-as-supply-tightens/

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