Malaysian Palm Oil Sector Rebounds with Higher Exports and Output
10-Jun-2025 12:52 PM
Malaysian palm oil exports increase by 25.6 percent Kuala Lumpur. After a continuous downward trend, Malaysian palm oil exports are now showing signs of improvement. Export shipments of palm oil products increased by more than 25 percent during May as compared to April. According to the new monthly report of the government body - Malaysian Palm Oil Board (Empob), domestic production of crude palm oil (CPO) increased by 5.05 percent to a high of 17,71,621 tonnes during May 2025 as compared to April. It is worth noting that at present the peak season of palm oil production is going on in Malaysia. The weather is still favorable for the production of oil palm in the major producing areas of the country. According to the report of Empob, despite the spectacular increase in exports, the outstanding surplus stock of palm oil in Malaysia increased by 6.65 percent to a high of 19,90,154 tonnes at the end of May. Under this, the stock of crude palm oil improved by 4.79 percent to 11,01,811 tonnes and the stock of processed (refined) palm oil / palmolein increased by 9.04 percent to 8,88,343 tonnes. But on the other hand, the stock of palm kernel oil fell by 6.24 percent to 2,88,144 tonnes during the same period. Its export performance was somewhat better.
After Indonesia, Malaysia is the second largest producer and exporter of palm oil in the world. According to the report of Empob, during May 2025, the export of palm oil products from Malaysia jumped to 13,87,236 tonnes, which was 25.62 percent more than the export of April. In fact, for the last several months, the price of palm oil was running above soybean oil and sunflower oil, due to which its demand in importing countries had weakened. After this, when the prices started softening there, the export performance started improving. In May, Malaysia's import of palm oil from abroad also increased to 68,971 tonnes, which was 18.32 percent more than the imports of April. On the other hand, a slight decline was recorded in the prices of oil palm.