Malaysian Palm Oil Council
MPOC forecasts firm October palm-oil prices amid weather and energy-market risks
Published:
English editorial record · renofaro
Key points
- The Malaysian Palm Oil Council forecasts crude palm oil above RM4,700 per tonne in October, citing weather risks and energy-market conditions.
- It reports Malaysian August production of 1.81 million tonnes and stocks of 2.82 million tonnes.
- The price outlook and 2027 supply projections are the association’s attributed expectations, with lower energy prices and additional stocks identified as downside risks.
Summary
The Malaysian Palm Oil Council forecasts crude palm oil above RM4,700 per tonne in October, citing weather risks and energy-market conditions. It reports Malaysian August production of 1.81 million tonnes and stocks of 2.82 million tonnes. The price outlook and 2027 supply projections are the association’s attributed expectations, with lower energy prices and additional stocks identified as downside risks.
Original source title
CPO Prices to Stay Firm Above RM4,700 in October on Weather Risks and Strong Energy Markets
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