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Mysteel China edible oils market daily: Crude oil price declines weighed on edible oils

Source: Mysteel Jun 23, 2026 14:41
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Plant Oil Demand Price Supply
Data released by shipping surveyor SGS showed that Malaysia's palm oil product exports for June 120, 2025, totaled 907,601 tonnes, up 78.53% from 508,366 tonnes in the same period last month. The improvement in marginal production data from Malaysia's producing regions provided some support to the futures market. On the domestic front, four new purchase vessels were added yesterday, mostly for July and December delivery, raising expectations of increased future supply and putting downward pressure on spot basis.

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