CPO price forecast to hit RM4,000 this year

Malaysia News News

CPO price forecast to hit RM4,000 this year
Malaysia Latest News,Malaysia Headlines
  • 📰 staronline
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 75%

In the puzzle game Lil Guardsman, you are young Lil, a 12-year-old girl who takes on her father’s job as a guardian of the kingdom. In this role of fantasy world border cop, you get to decide who does and doesn’t get to enter the gates.

PETALING JAYA: The price of crude palm oil is expected to average RM4,000 per tonne this year, before easing to RM3,800 per tonne in 2025.

The research house maintained a “neutral” stance on the plantation sector, citing the absence of a notable demand catalysts. “We maintain 2024-2025 CPO price assumptions of RM4,000 per tonne and RM3,800 per tonne, respectively, as we expect El Nino’s impact on palm production and prices to kick in around mid-2024,” the research house said.Meanwhile, most planters expect CPO production costs to trend down in 2024 on the back of higher productivity and lower fertiliser prices, HLIB Research said, adding that the near-term prospects for downstream players would remain subdued.

On the sector’s recent financial performance, the research house pointed out that, of the seven planters under its coverage, only three outperformed expectations for the fourth quarter ended Dec 31, 2023. These were

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Foreign Workers Put Family Above Self – Make RM4,200 A Month But Send Bulk Of It HomeForeign Workers Put Family Above Self – Make RM4,200 A Month But Send Bulk Of It HomeDespite receiving a significant amount, a foreign worker said that RM4,000 would be sent to his family.
Read more »

Content creator fined RM10,000 for insulting Iban costumeContent creator fined RM10,000 for insulting Iban costumeKota Kinabalu: A content creator was reportedly fined RM10,000 by the Miri Sessions Court for ridiculing the traditional Iban costume Ngepan Indu on his Instagram account.
Read more »

Egyptian fined RM15,000 for overstayingEgyptian fined RM15,000 for overstayingKota Kinabalu: A 38-year-old Egyptian was fined a total of RM15,000 for immigration offences.
Read more »

Acer introduces new 4K monitor priced below RM1,000 and FHD portable display under RM500Acer introduces new 4K monitor priced below RM1,000 and FHD portable display under RM500Acer's new monitor lineup offers a 4K display at less than RM1,000, a 240Hz gaming monitor for just RM1,099 and even a 15.6-inch portable monitor at under RM500.
Read more »

PGM sumbang RM20,000 kepada Pusat Pengajian Al-QuranPGM sumbang RM20,000 kepada Pusat Pengajian Al-QuranProfesional Golf Malaysia (PGM) tidak pernah melupakan sumbangan amal kepada badan-badan kebajikan dan golongan yang memerlukan.
Read more »

BYD Atto 3 is now available with a rebate of RM20,000BYD Atto 3 is now available with a rebate of RM20,000Sime Darby Motors is now offering a massive RM20,000 rebate for the BYD Atto 3. This offer is valid for both Standard and Extended variants of the EV.
Read more »



Render Time: 2025-02-16 07:19:32