# Exclusive: Indian refiners cancel palm oil orders for July-Sept as prices surge

> Indian refiners cancelled orders for 65,000 metric tons of crude palm oil scheduled for July to September delivery, according to four trade sources. The cancellations followed a more than 6% jump in Malaysian palm futures over three days. Refiners were locking in profits rather than waiting for prices to fall.

- Date: 2025-06-18 · published 2025-06-18T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/24317-exclusive-indian-refiners-cancel-palm-oil-orders-for-july-sept-as-prices-surge
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Cancelled import orders remove near-term demand from the largest palm oil importer, which weighs on Malaysian and Indonesian export prices. The move also shows buyers are pausing purchases after the rally.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-02-20 | [Exclusive: Indian refiners cancel palm oil orders due to price surge](https://feedsoft.ai/events/26145-exclusive-indian-refiners-cancel-palm-oil-orders-due-to-price-surge.md) | -0.3% | -2.3% |
| PALMOIL | 2024-09-23 | [Exclusive: Indian refiners cancel palm oil contracts on duty hike, price rise \| Reuters](https://feedsoft.ai/events/28393-exclusive-indian-refiners-cancel-palm-oil-contracts-on-duty-hike-price-rise.md) | +1.1% | +9.0% |
| PALMOIL | 2026-09-01 | [EXCLUSIVE: India set for record soyoil imports as Russia-Ukraine war disrupts sunflower shipments](https://feedsoft.ai/events/17985-exclusive-india-set-for-record-soyoil-imports-as-russia-ukraine-war-disrupts.md) | -0.0% | -4.2% |
| PALMOIL | 2025-01-16 | [Exclusive: India's palm oil imports to hit 5-year low in Jan on negative margins, sources say](https://feedsoft.ai/events/26605-exclusive-india-s-palm-oil-imports-to-hit-5-year-low-in-jan-on-negative-margins.md) | -0.3% | +4.2% |
| PALMOIL | 2022-06-01 | [Palm oil eases as Indonesia gears up to resume exports - Markets - Business Recorder](https://feedsoft.ai/events/41053-palm-oil-eases-as-indonesia-gears-up-to-resume-exports-markets-business-recorder.md) | +0.7% | -13.0% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/indian-refiners-cancel-palm-oil-orders-july-sept-prices-surge-2025-06-18/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.