Edible Oil Market Update

Advisory Bazaar Info Services

Following reports that the U.S. has proposed a 25% tariff on Malaysia, the Malaysian edible oil market witnessed a bullish trend. With a comparatively higher 32% tariff proposed on Indonesia, global demand for palm oil may shift in favor of Malaysia. Currently, Indonesia accounts for approximately 85% of U.S. palm oil imports.

As a result of this development, Malaysian Palm Oil Futures (KLC) saw an upward movement. However, until there is official confirmation from the U.S. administration, this rally cannot be considered sustainable. Given the uncertainty surrounding the Trump administration’s policies, market volatility is expected to continue in the near term.