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Malaysian CPO prices averaged MYR 4,829 per ton in the week of December 27 to January 2, up 0.6% week on week, mainly on delays to Indonesia's B40 program. Prices then fell to MYR 4,484 per ton by January 2 on weaker demand, with Malaysian exports down about 8% month on month in December.
Delayed B40 implementation has removed a expected demand boost, while softer Indian import demand after Diwali is weighing on the market. The mixed weekly picture leaves near-term palm prices sensitive to the final biodiesel rules.
samuel.co.idJan 3, 2025After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.
Notes prices falling from the weekly average to MYR 4,484 by Jan 2 on weak demand and a roughly 8% m/m export decline, though the headline weekly average was up.
Shows prices falling sharply by Jan 2 on weaker demand and about 8% lower December exports, after B40 delay effects.
Weekly summary shows prices falling to MYR 4,484 by Jan 2 on weaker demand and lower exports, with B40 delay as the key driver.
