palm oil rallies on tax-cut boost production decline – wsj

Bisnis Indonesia The problem of slow replanting of oil palm plants in the two main producing countries could threaten the production of the most widely used vegetable oil. Reduced

Combined exports and consumption in December surpassed production levels, leading to a sharp decline in palm oil inventories, which ended the year at 1.71 million

Palm oil prices are on a tear, gaining over 10% in two months, after Indonesia and Malaysia scrapped export taxes and as effects of a first-quarter dry spell hit current production,

The current low prices will temporarily boost export demand, driving prices up and narrowing the price gap between palm oil and soybean oil. Additionally, palm oil production is expected to decline until February before recovering in March,

Palm oil prices are expected to remain high in the short-term but then start declining due to increasing production, analysts told last week’s Palm & Lauric Oils Price Outlook Conference & Exhibition (POC2025).

PALMOILMAGAZINE, JAKARTA Palm oil production in Indonesia, the world’s largest producer, may decline this year due to the dry season and aging trees.

PRODUCTION AND EXPORTS DECLINE, STOCK INCREASE Crude Palm Oil (CPO) production in November 2025 reached 4.333 thousand tons, down 2.03% compared to

Indonesia’s stricter palm oil regulations may cut output, risking a 13.6M-ton drop. Experts warn mismanagement could hurt exports, economy, and biofuel plans.

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The EIA in its monthly outlook cut its 2025 average U.S. oil production forecast to 13.4 million barrels a day from 13.5 million b/d, but still up from 13.2 million b/d in 2025.

President Trump has said he could slap 25% tariffs on Canadian imports as soon as Saturday. While that is bad news for Canadian oil producers, it isn’t nearly as bad as it looks. Canada depends

The current proposal would increase projected budget deficits by nearly $3 trillion through 2034, locking in tax cuts and spending increases that outweigh reductions in spending on Medicaid and

But the data for how much production rose conflicts with information provided by individual member countries, underscoring the challenges ahead as OPEC tries to complete a deal to cut production.

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Oil prices rose after Saudi Arabia’s Ministry for Energy announced it would be extending its production cut for crude for an extra month.

Get the latest data and news on Crude Oil WTI (NYM $/bbl) Front Month prices today from The Walll Street Journal.

The reference price (HR) for crude palm oil (CPO), which serves as the basis for determining export duties and levies, has experienced a decline. The government has set the HR CPO for the period of May 1-31, 2025, at US$

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and production, while product stocks saw further large weekly builds.

OPEC+ on Sunday agreed to extend all production curbs into next year, a deal that likely signals oil prices will remain elevated through the U.S. presidential election.

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