What were the key price points for crude palm oil and palm kernel?

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Key Crude Palm Oil and Palm Kernel Prices in Q3 and First Nine Months of FY2021

Genting Plantations Bhd (GENP) reported that its achieved crude palm oil (CPO) price in the third quarter of fiscal year 2021 (Q3 FY2021) stood at RM3,502 per metric tonne (MT). For the first nine months of FY2021 (9M FY2021), the group's average CPO price was RM3,246 MT. In parallel, the price for palm kernel in Q3 FY2021 was RM2,220 MT, while the average price for the 9M FY2021 period reached RM2,284 MT.
Crude Palm Oil Pricing in Q3 FY2021

During the third quarter of fiscal year 2021, the average price achieved by Genting Plantations for crude palm oil was RM3,502 per metric tonne. This price point contributed significantly to the overall financial performance of the plantation segment during that period.
Crude Palm Oil Pricing Across the First Nine Months of FY2021

Looking at the cumulative performance for the first nine months of FY2021, the group's achieved crude palm oil price averaged RM3,246 per metric tonne. This figure reflects the sustained strength in CPO prices throughout the majority of the fiscal year.
Palm Kernel Pricing in Q3 FY2021

For the third quarter of FY2021, Genting Plantations recorded an average price of RM2,220 per metric tonne for its palm kernel. This price point is a key indicator for the value derived from the palm kernel, a co-product of palm oil extraction.
Palm Kernel Pricing Across the First Nine Months of FY2021

The average price for palm kernel across the first nine months of FY2021 was RM2,284 per metric tonne. This sustained pricing for palm kernel, alongside CPO, underpinned the stronger performance of the plantation segment.

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What were the key price points for crude palm oil and palm kernel?

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