Core Viewpoint - Palm oil futures have shown a slight increase in price, with a closing price of 9278 yuan/ton as of September 26, 2025, despite a reduction in open interest [1] Market Overview - The palm oil futures market opened at 9236 yuan/ton, reaching a high of 9278 yuan/ton and a low of 9224 yuan/ton, resulting in a weekly change of 0.13% [1] - Data from SPPOMA indicates a decrease in Malaysia's palm oil yield by 3.19% and a production drop of 4.14% for the period of September 1-25, 2025 [2] - SGS reported that Malaysia's palm oil export volume for the same period is estimated at 795,947 tons, a decrease of 14.73% compared to the previous month [2] Institutional Insights - Zhongzhou Futures has adjusted the global palm oil production increase for 2025/26 to 1-1.2 million tons, with Indonesia contributing 600,000-800,000 tons and Malaysia facing a reduction of 100,000-200,000 tons [3] - The EU has postponed the implementation of the anti-deforestation law, which is expected to increase Indonesia's palm oil exports to the EU by 2026 [3] - Domestic market trends show a rise in canola oil prices due to tight supply, which has also positively influenced palm oil prices [3]