Kuala Lumpur, 19 June 2026 – Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in July, supported by a tightening regional supply outlook, rising weather risks and shifting global vegetable oil trade flows.
Malaysia’s palm oil production fell 6.9% month-on-month to 1.51 million tonnes in May, partly due to oil palm trees entering a temporary resting phase after stronger-than-usual output between October 2025 and March 2026. The shorter working month, with two public holidays in May compared with none in April, also reduced harvesting days and contributed to the weaker production figure.
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