The global RBD palm kernel oil market exhibited a predominantly soft trend during Q2’25, influenced by ample supply conditions, subdued demand, and downward pressure from competing edible oils. In Asia, particularly China, weak consumption and increased production from key suppliers such as Malaysia led to persistent softness, as global buyers showed limited interest in palm-based oils. Although a slight improvement emerged toward the end of the quarter due to moderate recovery in trading activity and substitution demand, overall sentiment remained cautious. In Europe, the market was pressured by elevated inventories and reduced seasonal imports, indicating weaker uptake from refiners and food processors. Increased inflows of Malaysian cargoes and declining prices of alternative oils such as soybean and sunflower further intensified competition, prompting buyers to delay purchases. In North America, the market followed a similar trajectory, with stagnant demand, slow inventory drawdowns, and competitive pricing of other vegetable oils weighing on sentiment. Overall, the quarter reflected a supply-driven downturn with limited recovery momentum globally.