Malaysia’s growing palm oil exports will push up prices

The price of crude palm oil (CPO) is expected to rise this week due to concerns about Indonesia’s declining exports and increased export shipments from Malaysia, according to the Business Times.

Following weak exports from Malaysia in June-August, the country’s palm oil exports rose 7% month-on-month in September, with signs of further improvement: shipments rose 16.2% week-on-week in the first half of October.

This was largely due to a sharp increase in exports to China, which increased eightfold from a modest baseline, while exports to Africa grew 55%. Exports to Asia and Oceania increased by 16%, to the Middle East by 10%, and to the Americas by 6%. Meanwhile, exports to India fell by 70%, and to Europe by 6%.

According to OleoScope, on October 20, 2025, the price of RBD (Daylian China) palm oil for October delivery was $1,280.97 per tonne, $1.22 per tonne higher than the previous price of $1,279.75 per tonne on October 17, 2025.

It was previously reported that Indonesia is considering new restrictions on palm oil exports amid rising demand for biodiesel.

Tags: palm oil, prices, Malaysia