Exports of palm oil from Malaysia to China have fallen by 29% since the beginning of the year amid rising prices.

Exports of palm oil from Malaysia to China in the first 10 months of 2025 fell by almost 29%, according to the country's Plantation Industries and Commodities Minister Johari on Thursday. According to Reuters, the decline indicates problems not only related to competitiveness and logistics, but also to pricing dynamics and market positioning. Last year, palm oil exports from Malaysia to China amounted to 1.39 million tons, which is 5.3% less than in 2023. China's active increase in supplies of cheap soybeans from Brazil, and now the additional purchase of another 12 million tons of soybeans from the USA, will continue to saturate the Chinese market with soybean oil, the surplus of which is already being exported to India. According to Johari, the reduction in palm oil supplies is due to higher prices for it compared to soybean oil. "As soybean oil is also imported into China as a food oil for consumption and industrial use, buyers have chosen a cheaper alternative, and this is not ...