IN BRIEF: REA Holdings palm oil production falls amid lower rainfall
REA Holdings PLC - palm oil producer in Indonesia - Harvests a total of 348,256 tonnes of fresh fruit bunch in the first five months of 2026, down 1.8% from 354,661 a year ago. Production declines 3.4% to 347,019 tonnes from 359,215, with crude palm oil output down 2.7% to 76,964 tonnes from 79,062. Average rainfall across the estates is 1,651 millimetres, 12% lower than 1,867 a year prior. REA notes that the crude palm oil price, CIF Rotterdam, climbed to a peak of USD1,590 per tonne in April compared to USD1,230 in January, before falling to USD1,385 after an Indonesian government announcement in May, and then recovering to its current level of USD1,585 per tonne. The average selling price for the firm's crude palm kernel oil is USD1,738 per tonne in the first five months of 2026, up 6.7% from USD1,629, the average for the year 2025. Read More