Indonesia's palm oil exports in December increased significantly by 52% compared to the previous month, indicating a significant increase in the supply side, which may push up global market supply and exert downward pressure on palm oil spot prices. This news reflects the risk of oversupply, and combined with the current market supply and demand pattern, it is expected that short-term spot prices will be under pressure, with a strong negative impact.
Malaysia exported 1,163,634 tons of palm oil from January 1st to 25th, indicating strong international demand. An increase in export volume may reduce market supply or reflect demand growth, supporting spot prices. It is expected that prices will rise in the short term.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com
