Weak Margins and High Stocks Curb India’s Palm Oil Imports in August In August, India's palm oil imports declined by 27% compared to the previous month due to sufficient domestic stocks and negative refining margins, which led refiners to reduce their purchases of palm oil.

Palm oil gains to start the week Malaysian palm oil futures gained over 1%, approaching MYR 4,300 per tonne, marking the first increase in three sessions. This rise was influenced by stronger soyoil prices on the CBOT market and a rebound in crude oil prices.

Palm oil surges to 2 yr high On Wednesday, Malaysian palm oil futures surged near 2% to above MYR 4,470/MT, rallying for the 3rd session and hitting highest since Oct’22, amid a weaker ringgit and gains Dalian and CBoT markets. As of now, in October the market is up by over 12%