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Malaysian palm oil futures fell on Tuesday, snapping three straight sessions of gains, dragged down by a decline in rival soyoil in the Chicago market as well as profit-taking actions.

This was the third consecutive month of stockpiles, driven by a surge in production and imports that outpaced exports, which also hit a six-month high. Crude palm oil (CPO) production rose 5.05% to 1.77 million tonnes in May, while exports rose 25.6% to 1.39 million tonnes

Ukrainian soybean and rapeseed processing plants are underutilized by 35%, but if these capacities are used, Ukraine will receive an additional UAH 7.3 billion in revenues to the state budget to finance the Armed Forces of Ukraine, an increase of $238 million in foreign exchange earnings, the construction of dozens of plants, and thousands of new jobs

Palm oil futures edged lower on Tuesday, breaking a three-day winning streak, pressured by losses in rival soyoil prices on the Chicago Board of Trade (CBOT).

Malaysian state agency Sawit Kinabalu Group said on Tuesday it has supplied 1.5 million palm oil seeds to Indian consumer goods firm Patanjali Group as part of a five-year contract ending in 2027

Indonesian President Prabowo Subianto will hold talks with President Vladimir Putin in Russia this week to explore ways to deepen what their foreign ministers cast on Tuesday as a burgeoning strategic partnership

Chief Minister Nara Chandrababu Naidu in a letter urged Union Home Minister Amit Shah to reconsider Centre’s decision to reduce import duty on crude palm oil

The Tree Crop Development Authority (TCDA) has issued a directive mandating all importers of Crude Palm Oil (CPO), Crude Palm Olein, and Palm Olein (refined vegetable oil) to register and obtain a permit from the authority before engaging in any importation activities.

The Malaysian Palm Oil Council (MPOC) expects palm oil prices to remain within the RM3,900 to RM4,200 per tonne range in June and July 2025, after a surge in May's palm oil stocks to a 10-year high for that month

Malaysian palm oil futures fell on Tuesday, snapping three straight sessions of gains, dragged down by a decline in rival soyoil in the Chicago market.

Malaysian palm oil futures jumped on Monday, extending gains for three straight sessions, tracking rival soyoil at Chicago and Dalian markets, and pulled up by crude oil’s rally amid geopolitical tensions

Malaysian palm oil futures closed higher for the third straight session on Monday, tracking gains in Chicago soyoil after the U.S. proposed higher biofuels blending volumes, and elevated crude oil prices