Wedoany.com Report on Feb 9th, According to data released by the international inspection agency SGS, Malaysia's palm oil exports from January 1 to 31, 2026, are estimated at 944,000 tons. This figure represents a 5.58% decrease compared to the total export volume in the same period last month, which exceeded 1 million tons.

SGS noted in its data report: "This indicates weak international demand, which could lead to a relative oversupply in the domestic market, thereby exerting downward pressure on spot palm oil prices." This change reflects the short-term market pressures currently facing the global palm oil trade.

Meanwhile, annual data released by Indonesia's Central Statistics Agency shows that Indonesia's palm oil exports continued their growth trend in 2025. The annual export value reached $24.42 billion, a year-on-year increase of 21.83%; the total export volume was 23.61 million tons, a year-on-year growth of 9.09%.

Indonesia's export growth primarily reflects the continued expansion of its palm oil production scale. However, industry analysis also notes that, against the backdrop of potential changes in the pace of global demand growth, the simultaneous increase in supply from major producing countries may expose the market to the risk of oversupply.

Previous market reports have shown that, as the world's second-largest palm oil producer, Malaysia's palm oil inventory increased by 7.58% in December 2025, reaching 3.05 million tons, the highest level in nearly seven years. The monthly decline in Malaysia's exports, coupled with high inventory levels and Indonesia's growing export trend, together paint a complex picture of the current global palm oil market's supply and demand dynamics.