SINGAPORE: Malaysian palm oil futures reversed earlier gains to fall 1% on Thursday, as top buyer India put its import tax cut plans on hold, although a weaker ringgit limited further losses..... < read more >

India slashed the base import prices of palm oil and soybean oil for a fortnight, the government said in a statement late on Wednesday, as prices of the cooking oils fell sharply in the global market. .... < read more >

KUALA LUMPUR (June 17): Malaysia maintained its July export tax for crude palm oil at 8%, a circular on the Malaysian Palm Oil Board website showed on Thursday..... < read more >

KUALA LUMPUR (June 17): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to end lower today amid the overnight weakness in the soybean oil market on the Chicago Board of Trade (CBOT)..... < read more >

India is the largest importer of vegetable oils, a base ingredient for cooking most common dishes, and meets up to two-thirds of its domestic demand through imports, costing it up to $10 billion annually..... < read more >