Malaysia expects steady palm oil demand from India despite recent import tax hikes, with prices surging over RM4,000 per tonne. The country is on track to exceed 19 million tonnes in palm oil production this year, marking the highest output since 2020, and has seen a 10.2% increase in production from January to August. India, the largest export market for Malaysian palm oil, has increased import taxes on crude palm oil and other edible oils by 20%.