Malaysia’s CPO Stocks Rise, Prices Likely Supported Until March 2026

Malaysia’s palm oil stocks rose 4% in July 2025 to 2.1 mil tonnes, below forecasts. CPO prices expected to stay above RM4,000/tonne until March 2026, though sector outlook remains Neutral due to weak downstream margins.

CPO UP

”We believe that palm inventory would reach the highest level in August or September.

“We expect CPO production to soften from October onwards due to seasonal factors.

“As such, we reckon that CPO prices would be supported above the RM4,000/tonne level until the end of March 2026,” says AmBank

The research house adds that in spite of this, they are Neutral on the plantation sector as the large planters are expected to be affected by poor downstream margins

Business News

Staff Writer

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