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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Palm oil down on estimates of improved output, weak rivals
CPO prices likely to remain rangebound
Palm futures steady as strong ringgit offsets boost from rival oils
Malaysian palm oil futures traded sideways on Thursday, after two previous sessions of gain, as higher rival vegetable oils lent support while a strong currency limited gains.
Palm oil ends higher on bargain hunting, stronger sentiment
Malaysian palm oil futures closed higher on Wednesday, supported by bargain hunting and firmer sentiment across the edible oils market.
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced compared to its rivals, the Malaysian Palm Oil Council (MPOC) said on Tuesday
India starts raising palm oil buying as prices fall below soyoil
India has started raising palm oil purchases after a lull of five months as a correction in prices has made the tropical oil cheaper than rival soyoil, encouraging refiners to place orders to replenish inventories, four dealers told Reuters.
Palm oil imports set to rise as demand picks up: SEA chief
Sanjeev Asthana, President of the Solvent Extractors Association (SEA), said palm oil imports are set to increase in the coming months as prices have corrected and seasonal demand is expected to rise
Palm oil rises on bargain buying, stronger ringgit
Malaysian palm oil futures rose on Tuesday after six consecutive sessions of losses, supported by bargain buying, but a stronger ringgit and continued economic uncertainty limited the gains
Malaysia must diversify palm oil markets amid US tariffs
Malaysia needs to diversify its palm oil supply markets to reduce its reliance on any one export destination in light of tariff challenges posed by the United States, Malaysian Palm Oil Board (MPOB) chairman Datuk Mohamad Helmy Othman Basha has said. He noted that the 24% tariff imposed by the United States on Malaysian palm oil exports poses a major challenge to the industry, potentially impacting the country’s export volumes.
Palm oil expected to hold at RM3,900 amid tight supply
22/04/2025 (New Straits Times), Kuala Lumpur - Palm oil prices are anticipated to stay firm at around RM3,900, supported by the rebound in soybean oil prices, which improves palm oil's competitiveness.
Indonesia’s March palm oil exports ease on rising local demand
22/04/2025 (UkrAgroConsult) - Indonesia’s crude and refined palm oil exports dipped nearly 2% in March from February as local consumption rose due to Ramadan, but shipments remained the highest in four years for the month of March.
