PETALING JAYA: Crude palm oil (CPO) prices will likely be traded higher in 2025 given anticipation of declining exports by world’s largest producer, Indonesia amid its government decision to roll out the B40 biodiesel mandate.
Post a recent meeting with Indonesia Biofuel Producer Association (APROBI), RHB Research in a report said “we believe the Indonesian government is determined to roll out its B40 mandate and does not plan on rolling back to a lower blending rate, even if crude oil prices fall.”
