Malaysian Palm Oil Exports Face 3rd Monthly Drop as Indonesia Pushes Cheaper June Cargoes

3 articles · Updated · Bloomberg · Jun 4

June shipments from Malaysia may fall for a third straight month as buyers shift to lower-priced Indonesian palm oil.
Indonesia began its export overhaul on June 1, prompting producers to move cargoes aggressively before the new state-controlled system fully takes effect.
PT Danantara Sumberdaya Indonesia is set to receive producers' sales data under the new regime, though companies can still handle transactions during the transition.
Officials said Danantara could assume specific export functions as early as September, with full implementation due by Jan. 1, extending pressure on Malaysian exporters.

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