Indonesian palm oil production seen up 3% in 2025 while Malaysia stays flat

In Malaysia, the Star newspaper reports that CGS International estimates Indonesian palm oil production will increase by 3% this year, which in turn will weigh on prices enough to bring them down about 10%. The increased production should be seen in Q2 this year following on the effects of El Niño last year. However, it sees Malaysian production holding mostly flat following its own strong recovery in 2024, rising 4% compared to the year prior, but that was compensated by increased exports of 12%.