Palm Oil Futures Steady But Set for Second Weekly Gain

2025-11-21 06:22 By Farida Husna 1 min. read

Malaysian palm oil futures were little changed, hovering around MYR 4,150 per tonne on Friday afternoon, stabilizing after sharp losses in the previous session.

Traders weighed signs that production is gradually entering lower-output months against a stronger ringgit and weakening export momentum.

Cargo surveyors estimated that Malaysian palm oil shipments for November 1–20 fell between 14.1% and 20.5% from the prior month.

Still, the benchmark contract is on track for a second weekly gain, up about 0.5% so far, supported by expectations of a nearly 20% rebound in palm oil imports in top buyer India during the new marketing year, as competitive prices help the tropical oil regain market share.

Meanwhile, the planned rollout of B50 in Indonesia in H2 2026 may tighten global supply, with the domestic industry association projecting prices could rise toward MYR 5,000 and potentially cut Indonesia’s total exports to 26 million tonnes in 2026, from an estimated 31 million tonnes this year.



News Stream
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