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Palm Oil

Indonesia’s June palm oil exports at 2.33 mln T, stock at 6.68 mln T – assoc

Indonesia’s exported 2.33 million tonnes of palm oil, including refined product in June, up 15% from the same month last year, Indonesian Palm Oil...

Palm hits 11-day closing high as Indonesia lowers export tax threshold

Malaysian palm oil futures climbed on Tuesday to their highest closing in 11 days, after larger producer Indonesia lowered its export tax threshold on...

Palm climbs nearly 5% as rival oils strengthen

Malaysian palm oil futures jumped 4.9% on Monday, erasing some sharp losses recorded last week, as markets tracked gains in rival Dalian and Chicago...

Palm drops 5% for second day as Indonesia cuts reference price

Malaysian palm oil futures on Tuesday slumped by more than 5% for a second consecutive session, as Indonesia lowered its export tax reference price...

Indonesia sticking with domestic palm oil sales rules – deputy minister

Indonesia will retain its domestic sales requirement for palm oil to keep local cooking oil prices affordable, a senior official told Reuters on Monday,...

Palm oil futures reverse course to track U.S. soy oil

Malaysian palm oil futures regained earlier losses and ended the afternoon trade higher on Wednesday to track a rebound in U.S. soy oil and...

Palm oil prices to fall more due to distress selling by Indonesia – lMC international

Palm oil prices will weaken further in the short term due to softer demand and “distress selling” by top producer Indonesia, commodities consultancy LMC...

Palm surges after three days of losses, tracks rival oils higher

Malaysian palm oil futures rose on Tuesday, tracking stronger rival vegetable oils, with the benchmark contract recouping some of the losses from the previous...

Indonesia palm oil industry urges gov’t to ease export curbs as harvest to worsen oversupply

Indonesia’s palm oil industry is urging authorities to ease export restrictions and taxes so it can sell produce that risks going to waste, as...

Malaysia end-June palm oil stocks climb to seven-month high as exports drag

Malaysia’s palm oil stocks at end-June rose to their highest in seven months as its exports were throttled by rival Indonesia’s policies to boost...

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