Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC

(+6.5%). The late arrival of the monsoon, optimal rainfall, and enhanced crop management contributed to the strong performance. Exports also exceeded expectations, climbing 265,000 tonnes (+18.6%) to 1.69 million tonnes. Sub-Saharan Africa emerged as a key driver, with shipments to the region reaching a record 577,000 tonnes, accounting for 34% of total exports. Exports to China also rose to a five-month high of 110,000 tonnes. Despite robust exports, Malaysia’s palm oil stocks increased to 2.46 million tonnes, the highest level since April 2019, reflecting weaker domestic consumption rather than production or export dynamics. Additionally, Malaysia imported 708,000 tonnes of palm oil from Indonesia between January and October 2025, a 266% jump from 193,000 tonnes in the same period last year. Global palm oil prices eased 4% in November amid accumulating stocks, widening its discount relative to other vegetable oils. As of mid-November, palm oil traded at USD120 below sunflower ...