Palm oil prices to stay high as fertilizer costs limit output – CPOPC

KUALA LUMPUR — Palm prices are expected to stay strong next year as production will remain constrained due to soaring fertilizer costs and long-standing labor shortages, the Council of Palm Oil Producing Countries (CPOPC) said on Thursday. The sector, which is already facing sluggish yields after farmers reduced fertilizer usage in 2018 and 2019…
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