말레이시아 오일 및 지방 인사이트

Malaysia has maintained its February export tax for crude palm oil at 10% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday. The world's second largest palm exporter calculated a reference price of 4,817.70 ringgit ($1,071.79) per metric ton for February. The January reference price was 5,001.72

Malaysian palm oil futures extended losses on Monday, mirroring the drop in rival soyoils on the Dalian market, while the market awaited further triggers amid the holiday season. The benchmark palm oil contract FCPO1! for March delivery on the Bursa Malaysia Derivatives Exchange lost 72 ringgit, or 1.56%, to 4,552 ringgit ($1,019.48) per metric ton at the close. “Today’s futures will be lacklustre, tracking Dalian while waiting for the holiday season to be over for further leads,” a Kuala Lumpur-based trader said. Dalian’s most-active soyoil contract (DBYcv1) dropped 0.18% while its palm oil contract CPO1! lost 0.34%. Soyoil prices on the Chicago Board of Trade ZL1! slipped 0.13%. Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Oil prices edged down on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world’s two l

Fitch Ratings has revised its 2025 price forecast for Malaysian crude palm oil (CPO) spot benchmark to US$800 (RM3,576) per tonne, while projecting a decline to US$700 per tonne thereafter, according to its note dated Dec 27.