Malaysia records large improvement in palm oil exports; exports to India highest in 11 months

Malaysia’s palm oil exports have risen by 102,000 tonnes (+7.7% month-on-month) to 1.42mn tonnes in September. The largest improvement came from South Asia, where exports to India reached the highest in 11 months. Shipments to Sub-Saharan Africa, the Middle East and North Africa (MENA), the Americas and Central Asia have also registered increases during September 2025. This latest economic data comes from Malaysian Palm Oil Council (MPOC), which also noted that despite export growth outpacing production, the stock for palm oil in the nation is, in fact, currently at its highest in 22 months. This, MPOC said, is likely, because domestic consumption has normalising to its usual range of 300,000 to 350,000 tonnes per month, while imports also rose by 20,000 tonnes (+33.9% month-on-month), further contributing to the stock buildup. Presently, palm oil is trading at a premium to soybean oil in the global market, priced US$42 per tonne higher than soybean oil in Europe and US$26 higher ...