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Palm oil under pressure and its adjustment
Palm oil prices seen range-bound in February amid supply curbs, biodiesel policy clarity
Malaysian palm oil futures closed higher for the second day in a row on Tuesday
Challenges emerge for plantations this year
African countries that rely on Indonesian palm oil may see price surges amid tax hike
Indonesia’s recent decision to raise its export tax on crude palm oil (CPO) from 7.5% to 10% is expected to have significant repercussions across global markets, particularly impacting Africa.
Rising inventories put pressure on vegetable oil prices
So far, the driver of global vegetable oil price growth has been soybean oil, which has risen 25% in 2.5 months on expectations of increased biofuel blending mandates in the US. But recent actions by the Trump administration have sent soybean oil prices plummeting, putting pressure on palm and sunflower oil prices.
CPO Futures Close Lower, Tracking Weaker Soybean Oil Prices
The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed lower onThursday, tracking weakness in the soybean oil market, said palmoil trader David Ng.
Indonesia increases CPO export tax from 7.5% to 10%
The Indonesian government has increased the export tax on crude palm oil (CPO) from 7.5% to 10% of the reference price on 17 May in a bid to fund its biofuel programme and replanting efforts, Asia News Network wrote.
Malaysia boosts palm oil exports amid tariff cuts and increased cooperation with China
Malaysia is showing a rise in palm oil exports in May 2025, supported by rising futures and a favorable pricing position compared to competitors. According to Oleksiy Udovenko, regional director of the Malaysian Palm Oil Council, exports increased by 6.6-14.2% in the first 15 days of May, and futures on the Bursa exchange exceeded 3,850 MYR/t, adding more than 1%. A reduction in export duty from 10% to 9.5% in June and a spread with soybean oil are increasing the competitiveness of Malaysian products in the global market
China, ASEAN Complete Negotiations On Version 3 Free Trade Agreement
China and 10 ASEAN countries have fully completed negotiations on the Version 3.0 China-ASEAN Free Trade Area (CAFTA), a milestone in bilateral trade cooperation
Malaysian palm oil snaps two-day winning run as rising output, stocks weighs
Malaysian palm oil futures snapped a two-day winning streak on Wednesday, having reversed earlier gains as rising output and inventory levels weighed on the market, although stronger rival edible oils and relatively bullish export data limited the fall.
Palm oil output rises in April, price recovery expected by mid-year
Malaysian palm oil production rose sharply by 298,000 tonnes in April compared to March, rebounding from harvesting delays in early March caused by the monsoon season.
Nigerian palm oil to soar as Indonesia increases export levy
Prices of Nigeria’s palm oil may rise as Indonesia – top grower of the crop has increased its Crude Palm Oil (CPO) export levy to 10 percent from 7.5 percent.
