Malaysian palm oil futures slipped below MYR 4,080 on Monday, easing after four straight sessions of gains as traders booked profits following last week’s two-week high. Softer edible oils on the Dalian exchange also weighed on sentiment entering the final week of 2025, leaving futures on track to end the year down about 8.5%, reversing last year’s solid rise. Still, losses were offset by a weaker ringgit and firmer exports, with cargo surveyors noting shipments of palm oil products during Dec. 1–25 rose 1.6% to 3% from the prior month. Demand signals added support: November imports by top buyer India grew around 5% from October on more attractive prices, while key consumer China pledged renewed fiscal measures to boost consumption, employment, and household incomes next year. Separately, Indonesia, the world’s largest producer, resolved key issues in a tariff pact with the U.S., with a deal expected in late January that may include exemptions for select products, including palm oil.
