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- (-) January 2025
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FAS Kuala Lumpur (Post) projects a slight decrease in palm oil production in Market year (MY) 24/25 to 19.2 million metric tons (MT) on recent weather challenges and lower than average production in the beginning months of the MY. With palm oil at a premium to competing vegetable oils, Post estimates a decrease in exports of approximately 770 thousand MT for MY 24/25.
The overall food processing sector is growing at about 5 percent per year, with dairy, bakery, and processed fish products among the leading sectors.
This is an update to Post’s standing FAIRS report, with few changes to the previous submission.