Half Year Results 

MP Evans suffers as palm oil prices drop

MP Evans suffers as palm oil prices drop

Lower prices for crude palm oil (CPO) and kernels contributed to the $0.52m (£0.42m) after-tax loss generated by palm oil producer MP Evans (MPE) during the first half. Chief executive Tristan Price said the price decline – of a fifth over the period – a “hangover from 2018” when there was record stock across the industry of both CPO and other vegetable oils. 

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