Malaysia: Oilseeds and Products Update

  |   Attaché Report (GAIN)   |   MY2024-0013

Contact:

Office of Agricultural Affairs, Kuala Lumpur   |   (011-60-3) 2168-5082

Link to report:

Malaysia: Oilseeds and Products Update
FAS Kuala Lumpur (Post) projects a slight decrease in palm oil production in Market year (MY) 24/25 to 19.2 million metric tons (MT) on recent weather challenges and lower than average production in the beginning months of the MY. With palm oil at a premium to competing vegetable oils, Post estimates a decrease in exports of approximately 770 thousand MT for MY 24/25. Meanwhile, with soybean prices returning closer to average on recovering production from major suppliers, Post estimates MY 24/25 imports of soybean to increase to 725 thousand MT, with increases in imports of soybean oil and soybean meal also forecasted for MY 24/25. Noting Malaysia’s increase in production of used cooking oil (UCO) and its high demand globally, FAS Kuala Lumpur projects an increase in food use consumption of palm oil to 880 thousand MT, to account for increased frying of palm oil.
East Asia and the Pacific, Malaysia
Oilseeds, Soybeans, Oilseeds (excl. soybean)

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Malaysia: Grain and Feed Annual

Malaysia relies on imports to satisfy local demand for grain commodities including rice, corn, and wheat.
Attaché Report (GAIN)

Paraguay: Grain and Feed Annual

Paraguay’s wheat exports inn marketing year (MY) 2025/26 are forecast at 550,000 metric tons (MT), edging up slightly from the previous year, supported by a modest expansion in planted area even as yields may decline marginally.
Attaché Report (GAIN)

China: Cotton and Products Annual

Posts forecasts MY 25/26 cotton production at 6.35 million metric tons (MMT) on stable planted area and a return to normal weather conditions. Imports are forecast at 1.55 MMT and domestic consumption at 8.15 MMT.