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Malaysian palm oil stocks fell 6.91% to a 19-month low at the end of December. Crude palm oil output dropped 8.3% to 1.49 million tons, its lowest since March 2024, and exports fell 9.97% to a six-month low of 1.34 million tons.
Tighter Malaysian supplies reduce the export availability that importers rely on, supporting palm oil prices and encouraging buyers to look at substitute vegetable oils.
reuters.comAshley TangJan 10, 2025After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.
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.
