Malaysia palm oil futures seen around and above RM5,000 to mid-2025, Mistry says

Quick Summary:

NUSA DUA: Malaysian benchmark palm oil futures are expected to trade above and around 5,000 ringgit ($1,141) per metric ton until June 2025, supported by tight supply and bullish demand, leading industry analyst Dorab Mistry said on Friday.

Westports' net profit rises to RM233.

Manufacturing sales value rises 2.9% to RM162.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesia

Topics: Dorab Mistry Commodities /Business/Business News Palm oil

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 16:24:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 211 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23468791

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