Category Archives: News

India palm oil import surges in August following import tax cut and on lifting of refined oil restriction. September to see continued growth in palm oil import

India palm oil import shot up to 7 months high in August to 750,134 tons or up 61.11% from July and 2.15% higher than the same time last year following a reduction in import tax and on easing of restriction on refined oil imports effective 30th of June. Imports of RBD palm olein and CPO

6—10 Sept: Jump in Malaysia palm oil stock shift market sentiment from tight to higher supply outlook pushing prices lower

MPOB August—Stocks rise larger than expected—Malaysia August end-month stocks volleyed… Malaysian prices— Futures ended 3% higher… Indonesian prices—Malaysian CPO continued to trade a discount for the… Indonesia CPO production to rise to 49.42 million tons in 2022—Indonesia 2022 CPO production is set for a… India edible oil import duty slashed—India slashed its edible oil import