Malaysia expects palm-oil exports to hold near 16 million tons in 2027
In Malaysia, NewsWave reports Malaysian Palm Oil Council expects Malaysia’s palm-oil exports to remain around 16 million tons in 2027, as declining Indonesian production and stronger domestic biodiesel demand potentially reduce Indonesia’s export availability. MPOC cited Oil World forecasts showing Indonesian production falling 1.9 million tons and Malaysian output declining 0.7 million tons next year. Malaysia produced 1.81 million tons in August, up 1.4% from July but below year-earlier levels for a sixth consecutive month. January-August exports reached 10.4 million tons. MPOC expects crude palm-oil prices to remain above $1,120 per ton in October.
Category: Fuels
