RBD palm stearin prices exhibited a broadly volatile pattern during the second half of 2025, closely tracking movements in upstream crude palm oil markets across the period. Prices entered the half on a firm footing, rising progressively through the early weeks as seasonal tightening in palm fruit production and steady demand from food manufacturing and oleochemical sectors supported values. The upward trend gained further momentum as the period advanced, with prices reaching a peak around mid-period. Supply constraints from key producing regions in Southeast Asia, combined with active procurement from Chinese and regional buyers, contributed to the elevated price environment during this phase.
A clear reversal followed as palm oil production recovered seasonally and supply flows improved. Prices declined steadily through the latter portion of the half, weighed down by increasing inventory availability, softening import demand from major consuming markets, and reduced buying urgency among downstream processors. The declining trend persisted through much of the final quarter, with prices reaching their lowest levels of the period before a modest uptick emerged in the closing weeks, reflecting selective restocking activity ahead of the year-end.