MPOC chief executive officer Belvinder Kaur.
KUALA LUMPUR: Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).
Its chief executive officer, Belvinder Kaur, said weaker palm oil imports from December 2024 to February 2025 had led to a sharp decline in India’s vegetable oil inventories.
