Palm Oil Falls to 4-Month Low

2025-11-24 13:31 By Andre Joaquim 1 min. read

Malaysian palm oil futures fell to MYR 4,050 in November, the lowest in over four months, amid a strong ringgit and evidence of weaker demand.

The Malaysian currency approached its strongest level in four years amid expectations that its central bank is due to hold rates unchanged in optimism of domestic growth, pressuring commodities priced in the ringgit.

At the same time, new data reflected an increase in domestic inventories, capping fresh buying.

Additionally, palm oil futures were also pressured by a broad pullback for major vegetable oils as macroeconomic headwinds for major consumers limited the outlook for biodiesel feedstock.

Still, cargo surveyors estimated that Malaysian palm oil shipments for November 1st–2th0 fell between 14.1% and 20.5% from the prior month.



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