PETALING JAYA: IOI Corp Bhd
is expecting higher fresh fruit bunch (FFB) production in second quarter 2025 (2CY25), due to improved weather conditions as well as the end of low production cycle.
The plantation group said the expected production rise resulting in higher palm oil stock is likely to exert downward pressure on crude palm oil (CPO) price, although the resumption of demand from major buyers, following an earlier slowdown, and Indonesia’s B40 biodiesel mandate are expected to provide key price support moving forward.
