Malaysia’s palm oil exports from November 1–10 fell to 448,328 metric tons, down 9.5% from early October. The decline reflects seasonal adjustments, cautious global buying, and logistical delays. Analysts expect a rebound later in the month as demand stabilizes and inventory cycles reset. The sector remains fundamentally strong.
Malaysia’s palm oil exports for the first 10 days of November are estimated at 448,328 metric tons, marking a decline from 495,415 metric tons recorded during the same period in October, according to data from Amspec Agri. The drop reflects shifting global demand and seasonal export adjustments.
Key highlights:
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Exports fell by nearly 9.5% month-on-month, signaling a temporary slowdown in overseas shipments.
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Key importing countries like India and China showed mixed buying patterns, with India maintaining steady demand while China’s imports continued to soften.
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October’s full-month exports had surged to 860,000 metric tons, driven by restocking and festive demand, making the November dip more pronounced.
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Industry analysts attribute the decline to logistical delays, tighter inventories, and cautious buying ahead of year-end price negotiations.
Despite the early-month dip, Malaysia’s palm oil sector remains robust, supported by strong year-to-date export volumes and stable production. Traders expect volumes to recover in the second half of November as global buyers resume purchases and inventory cycles normalize.
Sources: Prestasi Sawit Malaysia, UkrAgroConsult