KUALA LUMPUR: MKH Oil Palm (East Kalimantan) Bhd said its prospects for the financial year ending Sept 30, 2025, is well-supported by strong market demand for crude palm oil.
"There has been stable demand for CPO; bolstered in part by Indonesia’s planned adoption of biodiesel mandate in January 2025 from B35 biodiesel to B40 biodiesel, the relatively tight global supply in other vegetable oils and fats, and strong seasonal demand," said chairman Tan Sri Alex Chen Kooi Chiew @ Cheng Ngi Chong in a statement.
