Malaysian palm oil exports face pressure from Indonesia’s push

Malaysian palm oil exports face pressure from Indonesia’s push

If Indonesia starts pushing out more exports until its new policy is fully implemented, that would intensify competition with Malaysia and weigh on its shipments. KUALA LUMPUR: Malaysian palm oil exports could tumble for a third straight month in June if buyers favour cheaper Indonesian supplies as Jakarta’s overhaul of commodity shipments sparks a push to move cargoes before the new rules fully take hold. An Indonesian plan to take control of e…

Malaysian palm oil exports to face pressure from Indonesia’s commodity export overhaul

Indonesian palm oil is currently more attractively priced than Malaysian supplies Read more at The Business Times.