The group said performance for the quarter was primarily supported by stronger contribution from its upstream segment.
PETALING JAYA: Johor Plantations Group Bhd
expects crude palm oil (CPO) prices to be supported at RM4,000 per tonne heading into 2026, underpinned by the incoming monsoon rainfall, Indonesia increasing its biodiesel blend from B40 to B50, and festive buying in the first quarter of 2026 for Chinese New Year and Hari Raya Aidilfitri.
Nonetheless, Johor Plantations said while the price outlook appears favourable, industry players should remain wary of slower global demand and geopolitical tensions, which may introduce volatility.
