Commodity News
SunSirs: MPOC Predicts Tight Palm Oil Storage in Malaysia in February
February 19 2025 14:56:29 SunSirs (Selena)
According to the Malaysian Palm Oil Council (MPOC), despite a 13% decline in palm oil exports in January and a 133% surge in imports from Indonesia, the number of palm oil depots in Malaysia remained at 1.58 million tons in January 2025, the lowest level in 21 months.
Looking ahead, MPOC believes that palm oil inventories in Malaysia are unlikely to improve in February, as there are only 28 days in February and production and exports typically decline, while consumption before Ramadan will remain stable.
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Related Information
- 2025-07-30 SunSirs: The Bullish Trend Continues, China Palm Oil Market Fluctuates Up in July
- 2025-07-28 SunSirs: The European Union has Imported 27,000 Tons of Palm Oil from Indonesia as of July 20
- 2025-07-25 SunSirs: China Palm Oil Market is Stable and Rising
- 2025-07-23 SunSirs: Malaysia's Palm Oil Exports Decreased 3.5% to 7.3% from July 1 to July 20
- 2025-07-21 SunSirs: The Inverted Range of Palm Oil Import Prices in Recent Months in China has Narrowed Last Week
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