PETALING JAYA: Crude palm oil (CPO) prices are expected to average at RM4,000 a tonne this year, compared with the current market price of RM4,450 a tonne, on more bearish demand supply dynamics.
CGS International (CGSI) Research expects CPO production to rise by 3% this year on the back of a recovery in Indonesia production levels from the second quarter of 2025 (2Q25) onwards, following the El Nino impact of 2024.
