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Palm oil may fall into a range of 3,602 ringgit to 3,691 ringgit per tonne, as it faces a resistance at 3,853 ringgit.

Malaysian palm oil futures fell on Monday, shaving off some of last week's gains, as surveys projected a rise in end-June stockpiles and production ahead of official data

Indian buyers have resumed purchases of refined palm oil after a gap of a year as New Delhi removed restrictions on the imports and reduced import taxes last week, four industry officials told Reuters.

Loss-making NPC Resources Bhd said it has accepted a non-binding offer by IOI Corp Bhd to acquire its properties in Sabah for an indicative price of RM281.23 million.

Indonesia plans to use the Lamu port to export crude palm oil to Kenya. Indonesia Ambassador Mohamad Hery Saripudin said on Sunday Indonesia wants to promote its shipment activities with Kenya.

Requesting the Government to withdraw its decision to freely allow the import of RBD palmolein and RBD palm oil, the Solvent Extractors’ Association of India (SEA) has said such a decision would kill the domestic refining industry and will have serious repercussions on farmers.

OPEC+ ministers resume talks on Monday after failing to reach a deal on oil output policy in two days of talks last week amid a rare public standoff between Gulf allies Saudi Arabia and the United Arab Emirates

European Union targets to boost biofuel use are likely to have led to the deforestation of an area roughly the size of the Netherlands over the last decade to expand soy, palm and other oil crops, a report said on Monday.

In the tenth year of the FTA implementation, 98.1 percent of Korean tariffs have been removed. In the first five years of the deal, 99.6 percent of EU tariffs were eliminated. It is regarded as one of the most comprehensive trade agreements with a high degree of market openness.

KUALA LUMPUR (July 5): Malaysia's palm oil inventories at the end of June likely hit a nine-month high as production jumped, although a rebound in exports kept supply tight, a Reuters survey showed today.

PETALING JAYA: The latest palm oil export tax revisions by India and Indonesia are deemed as favourable for the plantation sector, say analysts.

Changes to the duty structures made by both Indonesia and India this week should give palm oil demand a boost and have come at “an opportune moment,” easing concerns about oversupply heading into the second half of the year, according to market participants.