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KUALA LUMPUR: Malaysian palm oil futures opened lower on Friday, weighed down by weaker Chicago soyoil and crude oil prices as US President Donald Trump’s reciprocal tariffs kicked into high ...
Malaysian palm oil was extremely strong and crude oil was up, while Chicago soyoil and European rapeseed were down. At mid-afternoon, the Canadian dollar lost nearly four-tenths of a U.S. cent ...
The export tax structure starts at 3% for crude palm oil in a 2,250 to 2,400 ringgit-per-ton range. The maximum tax rate is set at 10% when prices exceed 4,050 ringgit a ton. - Reuters ...
Crude palm oil production in February fell 4.16% to 1.19 million tons, the lowest level in three years, after floods disrupted production. Palm oil exports fell 16.27% to hit 4-year low of 1 ...
In India, the largest buyer of vegetable oils, crude palm oil (CPO) has commanded a premium over crude soybean oil for the past six months, sometimes exceeding $100 per ton. As recently as late ...