# Regional palm oil plays struggle under cost pressures, price normalisation - The Business Times

> Southeast Asian palm oil producers reported falling revenues and earnings in their latest results. The declines followed a normalisation in crude palm oil prices and higher costs, with the year-to-date CPO average at RM3,805 per tonne versus RM4,910 a year earlier.

- Date: 2023-08-30 · published 2023-08-30T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/34681-regional-palm-oil-plays-struggle-under-cost-pressures-price-normalisation-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower average CPO prices versus last year reflect a market that has eased from its 2022 peak, limiting producer margins.

## Read by commodity

- PALMOIL: neutral

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/energy-commodities/regional-palm-oil-plays-struggle-under-cost-pressures-price

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.