Malaysian producer-country perspective
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Malay Mail · Malaysia · India's edible oil inflation doubles as palm oil import chain faces Indonesia's nationalisation gambit
India's palm oil imports surged 51% in January 2026 to approximately 766,000 tonnes (four-month high), driven by depleted domestic stocks and palm oil trading at more than $100 per tonne below soybean oil. The surge drained Malaysian and Indonesian inventories and lifted global palm oil prices, which Malaysia saw as a positive for its producers. Notes structural tension: India's CPO import duty differential channels demand away from refined Malaysian and Indonesian products toward crude oil processed domestically.
“India's palm oil imports surged 51% in January 2026 to a four-month high of 766,000 tonnes, boosting prospects for Malaysia's producers.”