Indonesia’s CPO Prices Extend Gains as KPBN and Malaysia Futures Rise on Strong Global Market Sentiment

Palm Oil Magazine
Indonesia’s KPBN raised its CPO reference price to IDR 15,777/kg on July 20, following gains in Malaysia palm oil futures, stronger crude oil prices, and renewed concerns that El Niño could tighten global palm oil supplies. Photo: Palmoilmagazine.com, assisted by AI

Indonesia’s CPO Prices Extend Gains as KPBN and Malaysia Futures Rise on Strong Global Market Sentiment