MP Evans Reports Strong Palm Oil Pricing Amid Lower Production Volumes
BIOFUELS
MP Evans Group PLC reported that stronger palm oil prices, with average crude palm oil prices rising 5% to US$866 per tonne, offset a 3% decline in production volumes to 360,800 tonnes. The company’s strategy to reduce third-party fresh fruit bunches contributed to the production drop, but improvements in milling capacity and a forecast EBIT margin of 37% supported a positive outlook. Analysts remain cautiously optimistic about future palm oil prices due to ongoing biofuel demand and planting limits.

Jan 23, 2026, 3:18 PM