Crude Palm Oil (CPO) expected to remain high in H1 2025

Palm oil (CPO) prices are expected to remain high in the first half of 2025, trading in the range of RM4,400 (US$976.37) to RM4,800 (US$1,065.13) per tonne, before easing back during the seasonal peak in the second half of the year to RM4,000 (US$887.61) to RM4,400 (US$976.37) per tonne, according to Mazda News Agency. (US$).

RHB Investment Bank Ltd (RHB IB) supports this estimate, citing a variety of factors: lower production and inventory levels in Indonesia in 2024, increased biodiesel mandates in Indonesia in 2025, and tighter sunflower and rapeseed oil supplies in 2025.