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KUALA LUMPUR: Malaysia’s palm oil plantation company SD Guthrie Berhad said on Thursday that crude palm oil prices were expected to remain steady at around 4,000 ringgit ($946.52) for the rest of this year.

Palm prices have held steady after Indonesia fully implemented its B40 biodiesel mandate, group managing director Mohamad Helmy Othman Basha said during a press conference.