MPOC optimistic on palm oil price in 2024, sees average price at RM4,000 per tonne


KUALA LUMPUR (Jan 11): The price outlook for palm oil remains optimistic in 2024, with an expected average trading price of RM4,000 per tonne, according to the Malaysian Palm Oil Council (MPOC). In a statement today, it said the positive projection is rooted in the shifting supply and demand dynamics in Indonesia, which is moving [...]

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