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A Fitch Solutions forecast revises the 2025 outlook for Bursa Malaysia third-month crude palm oil futures to MYR4,150 per tonne. It expects global palm output to dip slightly to 77.1 million tonnes, with output declines in Malaysia and Indonesia.
Malaysia's production is projected to fall 3.3%.
A lower global production forecast tightens palm supply and supports higher prices. Malaysian and Indonesian output shortfalls are the key drivers behind the revised price path.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.