AgriculturePre-market
BMI raises palm oil price outlook on strong India demand
pre-market1 source ↓written by the desknot a recommendation
- in Indian palm
- 43.1% surge
- of India’s edible
- 56.9%
BMI has increased its 2025 average crude palm oil (CPO) price forecast to RM4,320 per tonne, up from RM4,150. This adjustment is due to a 43.1% surge in Indian palm oil imports in Q3 2025, capturing 56.9% of India’s edible oil imports. The strong demand is attributed to palm oil's competitive pricing during India's festive season.
The revised outlook may influence trading strategies in the palm oil market, particularly for participants focused on commodity futures.
Not investment advice. For informational purposes only.