KLK posts 44% jump in 3Q profit, expects palm oil prices to stay volatile


KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) expects palm oil prices to remain volatile in the second half of 2025 as the industry enters its peak production cycle, with Malaysian output plateauing and slower growth in Indonesia.

The plantation group said firmer biodiesel demand in Indonesia, better palm oil competitiveness, and tighter global soybean supplies are expected to support prices in the coming months.

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