Malaysia warns of weaker Q3 palm oil price as Indonesia scraps export levy - CNA

KUALA LUMPUR: Malaysian crude palm oil prices will remain weak for most of the third quarter of this year, the country's commodities minister said on Monday (Jul 25), after rival producer Indonesia scrapped its export levy. "This is inevitable in light of sti…

Indonesia this month scrapped its export levy for all palm oil products until Aug 31 following a series of attempt to boost exports and ease high inventories, and is also considering removing a domes… [+452 chars]

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