Malaysia palm oil exports expected to remain stable at 16 million tonnes in 2027
The Malaysian Palm Oil Council (MPOC) forecasts that Malaysia’s palm oil exports will remain stable at approximately 16 million tonnes in 2027, cementing the country’s growing significance as a global supplier. This…
Source: Portal Berita RTM · September 24, 2026 at 3:16 AM · AI-assisted report
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KUALA LUMPUR, 24 SEPTEMBER 2026 —
The Malaysian Palm Oil Council (MPOC) forecasts that Malaysia’s palm oil exports will remain stable at approximately 16 million tonnes in 2027, cementing the country’s growing significance as a global supplier.
Market Impact
This stability is expected to persist despite a projected 0.7 million tonne decline in domestic production, driven by Indonesia’s anticipated 1.9 million tonne output drop and a near three-million tonne reduction in its exports due to stronger domestic biodiesel demand.
For Malaysia, this shift shows a strategic advantage as global buyers increasingly rely on the nation’s supply. Although August 2026 production rose 1.4 per cent to 1.81 million tonnes, it remained below year-ago levels, marking the sixth consecutive month of year-on-year decline since March 2026.
Exports for the first eight months of 2026 increased by 806,000 tonnes to 10.4 million tonnes, with full-year 2026 exports projected at 16.0 million tonnes, a 5.2 per cent increase over 2025. MPOC noted that current high stock levels are likely temporary, while crude palm oil prices are expected to stay above RM4,700 per tonne through October and the remainder of the year, supported by weather uncertainties and energy markets.