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IPC Index — Mexico MarketMalaysian palm oil futures slid about 1% to below MYR 3,950 per tonne on Friday, halting two sessions of rises as a firmer ringgit and weaker rival edible oils on the Dalian and Chicago exchanges weighed on sentiment. Prices fell to their lowest level since early June and were on track for a second consecutive weekly decline, down roughly 2% so far, amid growing concerns over export demand. Cargo surveyors estimated Malaysian palm oil shipments for December 1–15 dropped between 15.9% and 16.4% from the previous month. Separately, official data showed palm oil exports in November fell 9.3% year-on-year, reversing a sharp 24% increase in October. Meanwhile, Malaysia lowered its January 2026 crude palm oil reference price, cutting the export duty to 9.5%, a move that could help support shipments in the coming months. Still, losses were partly capped by industry reports showing palm oil imports by top buyer India rose around 5% in November from October, helped by more attractive prices.
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