Free Trial

MALAYSIA: Country Wrap: Palm Oil Prices Hit Lows

MALAYSIA
  • Palm Oil Heads for Four-Month Low on Poor Exports, Weaker Soyoil (source: BBG)
  • Malaysian palm oil prices are expected to average around  MYR4,000 ($900) per metric tonne in 2025, with a brief spike to MYR4,800 in February, driven by seasonal demand, according to industry analyst Dorab Mistry, Reuters reported. This forecast reflects growing competition from soy oil and changing global market dynamics.   (source: BBG)
  • Malaysia’s FTSE Malay KLCI is finishing the weak on a softer note, down -0.26% but to finish +0.40% for the week.
  • MYR: the ringgit had a good day gaining +0.88% and on track to finish the week over 2% better.
  • Bonds: a strong rally for the end of the week with yields down 3-5bps.  MGS 10YR 3.824% (-3bp)
120 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Palm Oil Heads for Four-Month Low on Poor Exports, Weaker Soyoil (source: BBG)
  • Malaysian palm oil prices are expected to average around  MYR4,000 ($900) per metric tonne in 2025, with a brief spike to MYR4,800 in February, driven by seasonal demand, according to industry analyst Dorab Mistry, Reuters reported. This forecast reflects growing competition from soy oil and changing global market dynamics.   (source: BBG)
  • Malaysia’s FTSE Malay KLCI is finishing the weak on a softer note, down -0.26% but to finish +0.40% for the week.
  • MYR: the ringgit had a good day gaining +0.88% and on track to finish the week over 2% better.
  • Bonds: a strong rally for the end of the week with yields down 3-5bps.  MGS 10YR 3.824% (-3bp)