Malaysian crude palm oil futures are expected to average higher in 2025 than last year as Indonesia, the world's top producer of the product, boosts domestic consumption of palm oil-based biodiesel, although competition from other, cheaper vegetable oils is likely to serve as a factor limiting price increases, Reuters reported, citing a staff survey.

https://globaltribune.net/demand-for-biodiesel-in-indonesia-drives-up-palm-oil-prices

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Demand for biodiesel in Indonesia drives up palm oil prices

Malaysian crude palm oil futures are expected to average higher in 2025 than last year as Indonesia, the world's top producer of the product, boosts domestic consumption of palm oil-based biodiesel

THE GLOBAL TRIBUNE