Falling Palm Oil Prices Reach Two-Year Low Palm oil prices are declining because of anemic demand and the market turmoil caused by the U.S.-China trade dispute. Today the September palm oil futures price on the Malaysian futures exchange fell for the fourth consecutive day to the equivalent of $560.79/MT ($0.254/lb.), its lowest level since July 2016. Rising stocks and a poor outlook for export growth are the main underlying reasons for the palm oil price declines. India’s higher import tariffs on palm oil, both crude and refined, and Europe’s decision to phase out the use of palm oil in biodiesel production have been bearish to the market. Oil World expects global stocks to reach 11.64 MMT at the end of this month, up from 9...