empty
 
 

31.12.202504:26:55UTC+00Palm Oil Poised for Annual Loss in 2025

Malaysian palm oil futures dipped below MYR 4,060 per tonne on Wednesday, marking the closing of trading for 2025. This decrease was influenced by weaker performance in competing oils on the Chicago market amidst subdued holiday trading. Despite early indications of export stabilization, cargo surveyors reported a rise in palm oil shipments between December 1 and 25 by 1.6% to 3% compared to the previous month. Compounding the downward trend, Indonesia adjusted its crude palm oil reference price for January to USD 915.64, a decrease from USD 926.14 in December, reflecting softer pricing conditions in the leading producer worldwide. Losses were somewhat mitigated by an increase in palm oil imports during November by India, the largest consumer, as refiners capitalized on lower prices. Over the year, palm oil futures are projected to record an overall decline of approximately 8.5%, reversing last year's significant gains due to abundant supplies and persistent concerns over decreasing global demand. Markets will remain closed for the New Year holiday and are scheduled to reopen the following day.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback