"The strength in CPO price was supported by tight supply from production challenges in major producing countries, resilient demand from staple food consumption, and the steady rollout of the B40 biodiesel mandate.
Golden Agri-Resources is enjoying higher selling prices due to "production challenges" in the producing countries, prompting OCBC Investment Research to raise its fair value from 27 cents to 30 cents, even as it keeps its "hold" call on the Indonesia-based palm oil producer.
In Aug 2025, crude palm oil prices was around RM4,308 per metric tonne, up about 3% from July 2025.
