KUALA LUMPUR: Palm oil prices are likely to hover between 2,300 ringgit and 2,500 ringgit per tonne until June 2015, the chief executive of Malaysia's Sime Darby Bhd , the world's top oil palm planter by land size, said on Thursday.

This is slightly higher than the official's end-November expectation for prices to average between 2,200 and 2,500 ringgit per tonne from now until June 2015.

Copyright Reuters, 2015