Singapore Palm Oil Producers Set for Stronger Q2 on Price Rally
Upstream players could see operating margins reach 60 percent as crude palm oil prices climb 17 percent year-to-date, though downstream businesses face rising input costs
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Upstream players could see operating margins reach 60 percent as crude palm oil prices climb 17 percent year-to-date, though downstream businesses face rising input costs

October futures reached RM4,721 per tonne as traders price in El Niño production threats and rising crude prices that boost vegetable oil demand for biofuels

August pricing expected between RM4,400 and RM4,650 per tonne, supported by regional biofuel demand and resilient extraction rates

Jakarta's leap to a 50 percent palm-oil fuel blend threatens to squeeze cooking oil availability, erode tax revenue from exports, and leave smallholder replanting programs underfunded.

September futures gain 1.25% to RM4,536 per metric ton as weaker ringgit and rival oil strength counter bearish crude signals