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Malaysian palm oil futures fell for a third session as uncertainty persisted over Indonesia's B50 biodiesel allocation details and expectations of lower export taxes. Traders also cited possible Indian edible oil import tax increases.
Expected lower Indonesian export taxes and unclear biodiesel allocations weigh on palm prices, while possible Indian import tax hikes could reduce demand for edible oils.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.