Malaysian CPO futures prices improve

06-Nov-2025 04:27 PM

Kuala Lumpur. Malaysian crude palm oil futures have improved to above 4,100 ringgit per tonne, primarily due to a slight increase in soybean oil and palm oil prices on the Dalian Commodity Exchange in China.

Although crude palm oil (CPO) futures prices on the Bursa Malaysia Derivatives (BMD) exchange in Kuala Lumpur had softened the previous day following news that the trade dispute between the US and China had been resolved and the Chinese President had indicated he would lift US soybean imports, the market later recovered somewhat, partially compensating for the previous day's decline.

Palm oil imports into India declined during October, and Malaysia's outstanding surplus stocks are expected to remain high.

The situation is likely to remain similar in November, as the peak festive season in India has ended and winter has arrived, which typically weakens palm oil demand.

Indian refiners will strategize their edible oil imports by assessing palm oil prices relative to soybean and sunflower oil.

If imports of American soybeans begin in China, soybean oil futures on the Chicago Exchange may strengthen slightly. It will be interesting to see how this will impact the palm oil market.

The peak production season in Malaysia, the world's second-largest palm oil producer and exporter after Indonesia, is nearing its end.

A strong export performance could boost the market. Official data on Malaysian palm oil production, exports, and stocks for October are expected next week.