Crude palm oil (CPO) prices on the Bursa Malaysia Derivatives Exchange rose again on Monday (August 18, 2025), remaining above MYR 4,500 per metric ton. The November contract price rose by MYR 7, or around 0.82%, for the second consecutive trading session, according to Reuters. Oliver David Ng of Iceberg X Sdn Bhd attributed this surge to a rebound in export demand and high palm olein prices, particularly in Asian markets.
Survey data shows that palm oil exports increased significantly between 16.5% and 21.3% from August 1–15 compared to the previous month. This boost reflects strong global demand, although production is also showing an upward trend. The potential for further price appreciation is clear: the CPO price on August 18 reached MYR 4,560 per ton, its highest in five months. From 2025 to date, prices have risen by 2.61% year-to-date, while year-on-year they have surged by 22.55%. In the past week, the increase reached 4.01%, and in the past 30 days, it has grown by 7.9%. However, this increase could potentially be limited if supply increases more rapidly. For example, July production rose 7.1%, and stocks reached a nearly two-year high of 2.11 million tons.
