Palm Oil Slides for 4th Session, Hits 5-1/2-Month Low
2025-12-17 05:50
By
Farida Husna
1 min. read
Malaysian palm oil futures fell for a fourth straight session on Wednesday, hovering below MYR 3,960 per tonne to a 5-1/2-month low, amid weaker rival edible oils on the Dalian exchange.
Sentiment was further dampened by lower export prospects, with cargo surveyors estimating shipments for December 1–15 dipped 15.9–16.4% from the prior month.
On the supply side, end-November inventories hit a 6-1/2-year high, as strong output is on track to top 20 million tonnes in 2025 for the first time.
Europe added pressure, with palm oil imports falling 12% to 1.35 million tonnes in the 2025/26 season, according to European Commission data as of December 14.
Limiting the downside, reports said India’s November palm oil imports rose about 5% from October amid lower prices.
In energy markets, crude oil gained over 1% after new measures targeted sanctioned shipments.
Separately, the U.S.
Environmental Protection Agency said it expects to finalize biofuel blending mandates for 2026–27 in Q1 next year.