Indonesia’s palm oil stocks are falling by 10% per month

The Indonesian Palm Oil Association (GAPKI) reported that Indonesia’s palm oil inventories stood at 2.333 million tonnes by the end of October 2025, down 10.0% from 2.592 million tonnes in September, indicating a significant supply decline. A decline in inventories typically reflects a tightening market supply-demand balance, which could lead to higher spot palm oil prices. As one of the world’s largest palm oil producers, Indonesia is likely to trigger market expectations of a supply shortage, which in turn will increase spot demand and oil prices, analysts note. According to OleoScope, on 19.12.2025, the price of RBD palm kernel oil (FOB Malaysia) for December delivery was $1,840.75/t, which is $14.93/t lower than the previous value on 18.12.2025 ($1,855.68/t). This is the minimum value of this price. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the ...