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Malaysian palm oil futures declined more than 3% on Tuesday, snapping a four-day rally, as weaker rival Chicago soyoil and crude oil prices weighed on the market after a ceasefire deal between Israel and Iran eased tensions in the region. The benchmark palm oil contract FCPO1! for September delivery on the Bursa Malaysia Derivatives Exchange lost 140 ringgit, or 3.39%, to 3,986 ringgit ($940.09) a metric ton at the close, its biggest daily decline since April 4. Crude palm oil prices fell, tracking weakness in the Chicago soybean oil and crude oil markets amid the easing tensions in the Middle East, said David Ng, a proprietary trader at Kuala Lumpur-based trading firm Iceberg X Sdn Bhd. Dalian’s most-active soyoil contract (DBYcv1) fell 2.21%, while its palm oil contract CPO1! shed 2.14%. Soyoil prices on the Chicago Board of Trade ZL1! slipped 2.14%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil ...

Indonesia recorded a double-digit decline in its palm oil exports in April as European countries cut back on Jakarta’s top agricultural commodity, according to the producers association Gapki on Tuesday. Indonesia only exported around 1.78 million tons of palm oil products in April, down 39.2 percent after it hit 2.88 million tons overseas the previous

On June 24, Mr. Cao Bá Đăng Khoa, Standing Vice President and Secretary General of the Vietnam Coconut Association, provided additional information about the price fluctuations of raw coconuts (dried coconuts) recently. Specifically, Mr. Khoa noted that dried coconut prices in the Southern region have been continuously increasing. In 2022, the price was 3,000 dong per coconut, in 2023 it was 5,000 dong per coconut, in 2024 it reached 12,000 dong per coconut, and in the first four months of 2025, it was 19,000 dong per coconut. From June 16, raw coconut prices have tended to decrease by around 30% (approximately 14,000 dong per coconut), due to imported coconuts from Indonesia, though still remaining very high. The Vietnam Coconut Association's proposal to the government to impose taxes on raw coconut exports has made import companies hesitant to sign long-term orders. Additionally, with the onset of the rainy season, drought and saltwater intrusion have decreased, resulting in ...