Figure 1.
The line graph plots average C P O prices in U S dollars per metric tonne from 2024 to 2019. Prices are 1,044.3 in 2024, 922.3 in 2023, 1,275.7 in 2022, 1,195.0 in 2021, 701.0 in 2020 and 528.7 in 2019. The price reaches its highest value in 2022 and its lowest value in 2019. A curved trend line rises to a peak around 2022 and then declines towards 2019.Average CPO prices (USD/MT) development between 2019 and 2024
Source: Authors’ calculations based on company disclosures (2019–2024)