MPOA data shows that from November 1st to 20th, Malaysian palm oil production increased by 3.2% compared to the previous market trend of 7% -10%, significantly narrowing the growth rate and driving palm oil prices to rebound.

MPOA data shows that Malay palm oil production increased by only 3.2% month on month, significantly lower than market expectations of 7% -10%. The narrowing of supply growth eased concerns about oversupply and pushed prices from a decline to a rebound. This indicates a decrease in market expectations of supply pressure, which has a generally positive impact on palm oil spot prices and may boost short-term demand confidence.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.