Palm oil exporters may gain more US market share

CGSI Research said it expects the tariff differentials could potentially benefit Malaysia due to more competitive pricing relative to their Indonesian counterparts.

PETALING JAYA: The United States reciprocal tariff differentials between the world’s two largest palm oil producers, Indonesia and Malaysia, could result in supply chain shifts with local palm oil exporters gaining more market share in the United States.

The United States has imposed reciprocal tariffs of 32% on Indonesia, versus 24% imposed on Malaysia.