Palm oil production set to hit record levels

According to recent information from the US Department of Agriculture (USDA), global palm oil production in 2025/26 is set to rise to a record high of 80.7 million tonnes, exceeding the previous year's level by 3%.
The primary reason for this forecast is anticipated production increases in Malaysia and Indonesia.
Although Malaysian production is seasonally strongly curbed, the USDA currently projects output at 20.2 million tonnes, which would be up 820,000 tonnes year on year.
Indonesia is expected to increase its production by 1.2 million tonnes to 46.7 million tonnes compared to the previous year.
Trade in palm oil has also increased over recent years. Around 45.6 million tonnes will likely be shipped across the world's oceans in 2025/26.
According to Agrarmarkt Informations-Gesellschaft (mbH), this quantity exceeds the previous year's volume of 45.3 million tonnes by just under 1%.
Global consumption is expected to rise around 4% compared to the past season, reaching 77.7 million tonnes, and is likely to be fully met by global production this season. Against this background, an increase in ending stocks is to be expected.
By the end of the marketing season, stocks are likely to grow just over 4% to approximately 15.3 million tonnes.