# Palm oil prices to average higher in 2025 on Indonesia biodiesel demand: Reuters poll | Reuters

> A Reuters poll of 11 traders, analysts and industry participants expects Malaysian crude palm oil futures to average 4,350 ringgit a metric ton in 2025, up 5.4% from 2024. Indonesia's growing palm oil-based biodiesel consumption is the main support, though cheaper competing oils are expected to limit gains.

- Date: 2025-01-21 · published 2025-01-21T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/15589-palm-oil-prices-to-average-higher-in-2025-on-indonesia-biodiesel-demand-reuters
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A higher consensus average points to firmer palm oil prices, which lift the cost of palm-based feed ingredients. Competition from cheaper vegetable oils caps the upside for buyers.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/palm-oil-prices-average-higher-2025-indonesia-biodiesel-demand-2025-01-21/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.