Palm oil snapped a four-day rally on speculation that shipments from Malaysia may drop after Indonesia, the world’s largest producer, cut export taxes. The contract for July delivery declined as much as one per cent to RM2,293 (US$757) a metric tonne on the Bursa Malaysia Derivatives and ended the morning session at RM2,296 in Kuala … Continue reading Palm oil snaps four-day rally after Indonesia cuts export tax to 9 per cent