As of March 29th, the EU imported 560,000 tons of palm oil from Malaysia in the 2024/25 fiscal year (July to June of the following year), a year-on-year increase of 3.3%; The share increased from 24.7% to 26.2%.

The import volume of palm oil in the European Union increased by 3.3% year-on-year, and the share increased from 24.7% to 26.2%, indicating strong demand that may push up spot prices. Reason for rating: Import growth reflects an increase in market consumption, which is favorable for prices.

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