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MPOB
News updates related to MPOB
Malaysia increased the export tax on palm oil to 9.5% in April 2026.
The Malaysian Palm Oil Board (MPOB) raised the export duty on crude palm oil to 9.5%, while the base price increased to 3,935.19 ringgit/tonne, putting pressure on export costs.
Market
Palm oil prices rose for the third consecutive session, reaching 4,122 ringgit per ton.
Palm oil futures prices in Malaysia surged after January inventories fell 7.72%, coupled with a weakening ringgit and anticipated increased import demand from India.
Palm oil prices in Malaysia fell to 4,121 ringgit as the market awaited MPOB data.
Palm oil futures for April 2026 fell 0.94% to 4,121 ringgit/tonne in trading on February 10. The market recorded a sharp 7.72% decrease in January inventories.
Malaysian palm oil prices rose to 4,184 ringgit, signaling an end to a 10-month inventory surge.
Malaysian palm oil futures rose 0.72% in trading on February 9, 2026, reflecting gains in the soybean oil market and expectations for the January inventory report from the MPOB.
Palm oil prices rose for the third consecutive session, reaching 4,122 Ringgit following a report by the MPOB.
Malaysian palm oil futures maintained their upward momentum thanks to a 7.72% drop in inventories and a weaker Ringgit, while concerns about long-term yields in Southeast Asia remain.
Malaysian palm oil prices fell to 4,121 ringgit/tonne as the market awaited MPOB data.
Malaysian palm oil futures fell 0.94% in trading on February 10, 2026. Markets were cautious ahead of the MPOB inventory report and pressure from the strong local currency.
Malaysian palm oil prices rose to 4,184 ringgit, amid expectations of declining inventories after 10 months.
Malaysian palm oil futures prices recovered on February 9th, reaching 4,184 ringgit per ton as the market awaited data from the MPOB and forecasts of the first inventory decline in almost a year.
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