JAKARTA — Indonesia's palm oil industry and farmer groups have urged the government to reduce export costs, to offset the impact of market distortion caused by the 32 per cent United States (US) reciprocal tariffs on Indonesia's exports.

MUMBAI, Sept 24 — Indian refiners cancelled 100,000 metric tons of palm oil purchases for delivery between October and December, as New Delhi's move to raise import duties amid a rally in overseas prices prompted them to book profits, five trade officials told Reuters.

KUALA LUMPUR, Jan 2 — The supply of foreign workers in oil palm estates amid the ongoing flooding in some of the states in Malaysia, the high cost of fertilisers, and the impact of Omicron are three key factors that may threaten the production recovery of crude palm oil (CPO) in 2022, according to the Council of Palm Oil Producing Countries (CPOPC).