Palm oil production, price outlook for 2025

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KUALA LUMPUR, Jan 21 (Reuters) - Here are the results of a Reuters poll on 2025 production of palm oil and its benchmark prices FCPOc3 on the Bursa Malaysia Derivatives Exchange. For the related story, see (full story) CONTRIBUTORS PRODUCTION (MLN T) AVERAGE PRICE (RINGGIT) Malaysia Indonesia MEDIAN 19,500,000 49,800,000 4,350 HIGH 19,900,000 51,100,000 4,950 LOW 19,200,000 49,000,000 4,000 Malaysian Palm Oil 19,500,000 - 4,000-4,300 Board Malaysian Palm Oil 19,700,000 - 4,300-4,500 Association Indonesia Palm Oil - 50,000,000 4,500-5,400** Association (GAPKI) TransGraph 19,900,000 51,100,000 - Consulting Sunvin Group 19,400,000 49,000,000 4,000-5,200 The Farm Trade 19,600,000 49,500,000 4,250-4,350 Pelindung Bestari 19,500,000 50,000,000 4,460 Palm Oil Analytics 19,500,000 50,000,000 4,000 Mumbai based trader 19,600,000 49,800,000 4,200 with a global trade house New Delhi based 19,400,000 49,500,000 4,350 trader with a global trade house Refinitiv 19,200,000 49,100,000 - Commodities Research 2024 Data 19,340,000 48,870,000* 4,128 2023 Data 18,551,000 48,555,000 3,796 *estimated by the Indonesia Palm Oil Board **price converted from U.S dollar to ringgit (Reporting by Ashley Tang in Kuala Lumpur, Rajendra Jadhav in Mumbai, and Dewi Kurniawati in Jakarta; Editing by Subhranshu Sahu) (([email protected];))
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Published Date
21 Jan 2025 at 11:16 AM
Publisher
Refinitiv
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