MPOC expects CPO prices to stay above RM4,000 in Oct amid market fluctuations

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MPOC,CPO,Palm Oil

MILAN (Reuters) - Italian luxury group Prada and Houston-based startup Axiom Space unveiled on Wednesday the design of a spacesuit that will be used for NASA's Artemis 3 mission to the moon.

KUALA LUMPUR: Crude palm oil prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council .

India’s palm oil inventory levels, Indonesia’s B40 biodiesel policy, and global production and consumption trends of the four major vegetable oils in 2025,” MPOC said in a statement. Malaysia’s palm oil production peaked in August this year, two months earlier than in the past three years, which typically peaked in October, MPOC shared.

From January to September 2024, Malaysian palm oil production rose by 1.15 million tonnes , while exports increased by 1.41 million tonnes .

 

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