RBD 팜유 인사이트

Building on two decades of progress, the Roundtable on Sustainable Palm Oil (RSPO) has called for more focused efforts to scale innovation and drive transformative changes in the palm oil sector. The RSPO’s Annual Roundtable Conference (RT2024), supported by Thailand’s Ministry of Agriculture and Cooperatives, was held in Bangkok from November 11-13, as preparations for the RSPO 2024 Standards were underway.

Malaysian palm oil futures tumbled on Tuesday after closing at their highest since mid-June 2022 in the previous session, trailing weakness in soyoil prices. The benchmark palm oil contract FCPOc3 for January delivery on the Bursa Malaysia Derivatives Exchange lost 165 ringgit, or 3.18%, its biggest daily drop since Aug. 5, to 5,031 ringgit ($1,134.64) a metric ton at closing, snapping a four-session rally. “Prices went up too much already, normal to head lower. We are too expensive compared to other edible oils,” said a Kuala Lumpur-based trader, adding that fundamentals are not supportive of the price. Exports of Malaysia’s palm oil products in the Nov. 1-10 period declined between 14.6% and 15.8% compared to the same period a month ago, according to surveyors AmSpec Agri Malaysia and Intertek Testing Services (ITS).

Gapki estimates that the price of palm oil or crude palm oil (CPO) will continue to grow positively in 2025.