Malaysia's share of India's palm oil imports will rise above 42% by mid-2027, with SD Guthrie International to displace Indonesian supply.

Jakarta has ordered every fuel station to sell 50% palm-based biodiesel from 1 October. As supply gets domestically restrained in Indonesia overseas buyers will feel the crunch. India is particularly exposed because it is Indonesia's largest buyer at 3.8 million tons and buys on price, so it cannot outbid guaranteed domestic demand. As a result, Indian refiners are likely to surrender volume to Malaysian palm exporters. SD Guthrie International is well placed to capture the resulting demand as Malaysia’s largest palm exporters and India is its biggest trading partner market. The Malaysian share of Indian palm imports have already rose to 39.2% through August 2026. Further Indonesian supply diversion will shift Indian import volumes towards SD Guthrie’s existing Malaysian export network. This will weaken Jakarta’s pricing leverage in its largest palm oil market.