## Company Profile K. C. DAT (SINGAPORE) PTE LTD — freight forwarder based in Singapore (category: freight_forwarder). Public-facing contact (salesfrt@kcdat.com.sg; website/contact page present). Likely offers core forwarding services (ocean and air freight, consolidation, customs clearance, door-to-door logistics and regional NVOCC/agent services) for exporters and importers operating through Singapore’s hub. Position: Singapore-based forwarder operating in key Asia trade lanes (intra‑ASEAN, Asia–Europe, Asia–West Africa) serving customers in electronics, agri‑food (including palm oil & derivatives), FMCG and industrial sectors. Scale: not publicly disclosed in lead data; appears to be a small‑to‑mid sized regional forwarder with a commercial sales contact rather than enterprise corporate profile. ## Pain Points 1) Origin & margin pressure for agri‑food shippers (palm oil & derivatives): Indonesia’s 2026 levy/duty changes increase origin costs and complicate re‑export economics via Singapore. K.C. DAT’s agri clients will need help sourcing multi‑origin cargo, blending strategies, and documentation to preserve margins and volumes. 2) Routing, capacity and schedule volatility: continuing Red Sea risk, blank sailings and uneven equipment positioning mean customers demand faster multi‑modal options (sea‑air, air uplift), reliable multi‑carrier bookings, and agile capacity — services that strain small/mid forwarders’ commercial pipelines. 3) Rising compliance & value‑added service demand: EU deforestation rules, sustainability chain‑of‑custody and stricter documentation for palm/cocoa/coffee increase the workload for forwarders (traceability checks, supplier verification, certification support). Tridge Ark can originate verified buyers/sellers who already meet these standards, reducing the forwarder’s onboarding and compliance burden. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. [COMMODITY TRENDS] === (Indonesia palm oil export policy 2026; Malaysia CPO market 2026; implications for flows via Singapore) **Indonesia palm oil export policy in 2026** - **Export duty & levy levels (March 2026):** - Trade Ministry CPO reference price for 1–31 March 2026 set at **US$938.87/MT**, up 2.22% from February. - Based on this reference, government imposed: - **Export duty (BK): US$124/MT** - **Export levy (PE) for biodiesel fund: 10% of reference price = ~US$93.89/MT** ([rri.co.id](https://rri.co.id/en/business/2224537/indonesias-cpo-reference-price-rises-222-percent-in-march-2026?utm_source=openai)) - Effective fiscal take on CPO exports in March 2026 is therefore around **US$218/MT**. - **Re‑calibration of palm levies (PMK 9/2026 + linked regulations effective 1 March 2026):** - Indonesia issued **MoF Regulation No. 9/2026** and related levy-tariff changes, adjusting plantation fund (BPDPKS) export levies for **CPO and 24 derivative HS codes**. - Example change for crude palm olein (HS 1511.90.49): levy rate raised from **9.5% to 12% of reference price**; multiple downstream products (oleochemicals, biodiesel FAME, stearin/olein fractions) see higher percentage-based levies vs earlier 2025 schedule. ([muc.co.id](https://muc.co.id/en/article/government-increases-export-service-tariffs-on-24-cpo-commodities?utm_source=openai)) - Intent stated by MoF: **push value‑addition and downstream processing in Indonesia** and secure biodiesel funding, rather than maximize raw CPO exports. ([veritask.ai](https://www.veritask.ai/id/artikel/peraturan-menteri-keuangan-nomor-9-tahun-2026-atur-ulang-tarif-pungutan-ekspor-kelapa-sawit-dan-produk-turunannya?utm_source=openai)) - **Policy direction & impact on trade patterns (incl. via Singapore):** - Simplified, more progressive levy structure (from 2024 onward) plus the March 2026 upward revision increases the **relative cost of exporting crude vs processed products**. - For traders using **Singapore as a trans‑shipment and blending hub**: - Higher CPO/olein levies **compress arbitrage** for simple re‑export via Singapore, particularly where only light blending or storage is done before re‑shipment to India, China, or the EU. - Competitive edge may shift toward **Indonesian-origin refined and value‑added oleochemicals** shipped more directly to end markets, bypassing some Singapore re‑export flows. - However, Indonesia’s sizeable volumes and continuing export orientation (despite biodiesel demand and value‑add push) mean that **absolute tonnage moving through Singapore’s tank farms is unlikely to collapse**; instead, you should expect: - **Gradual mix shift** in Singapore flows toward **Malaysian origin** and/non‑levied blends, and - More **multi‑origin blends** where traders arbitrage levy‑driven price differentials. **Malaysia CPO market conditions and 2026 outlook** - **Price levels & forward curve (early 2026):** - Bursa Malaysia CPO futures for **Feb & Mar 2026** settled around **RM4,121–4,177/tonne** in early February 2026; April 2026 at **~RM4,206/tonne**. ([web11.bernama.com](https://web11.bernama.com/en/news.php?id=2520664&utm_source=openai)) - Spot/nearby prices in Feb–Mar 2026 were mostly in a **RM3,990–4,225/tonne** band (US$1,025–1,086), with analysts expecting consolidation near **RM4,000–4,300/tonne** on firm soybean oil and supportive vegoil demand. ([palmpulse.squarespace.com](https://palmpulse.squarespace.com/issue-34-home/054k5a36ntni302bvhydil9zmiehpn-32p4t?utm_source=openai)) - **2026 annual price forecasts (Malaysia CPO):** - Maybank IB: **average RM4,100/tonne** for 2026, arguing supply growth remains muted and price upside is demand‑driven (Chinese New Year + Ramadan demand pulling Q1). ([bernama.com](https://www.bernama.com/en/news.php?id=2511543&utm_source=openai)) - Other houses (Bernama surveys, BMI/Fitch, local brokers): ranges between **RM4,000–4,300/tonne**; BMI specifically holds **RM4,300/tonne** as its 2026 average forecast but expects front‑month prices to ease toward **RM4,200** in 2Q 2026 if geopolitical tensions and energy prices cool. ([bernama.com](https://bernama.com/en/news.php/crime_courts/target%3D%27_blank%27?id=2533014&utm_source=openai)) - Local press commentary points to a “**broadly supportive trading band around RM4,000–4,200**” medium‑term, provided biofuel mandates and vegoil demand remain constructive. ([thestar.com.my](https://www.thestar.com.my/business/business-news/2026/01/14/stablemedium-term-outlookfor-cpo-prices?utm_source=openai)) - **Production, stocks, and export orientation:** - MPOB/MIDF data for **Feb 2026** show: - Production: **~1.28 million tonnes**, down **18.5% m/m** from Jan but up **8.1% y/y**. - End‑month stocks rose, with earlier MPOB statistics noting national stocks breaching **3.0 million tonnes** in late 2025 (highest since 2019). ([bernama.com](https://www.bernama.com/en/news.php?id=2547327&utm_source=openai)) - In **Jan 2026**, Malaysia exported **94% of its palm oil production**, up from **72% in Dec 2025**, driven by favourable palm vs other oils price spreads. ([palmpulse.squarespace.com](https://palmpulse.squarespace.com/issue-34-home/054k5a36ntni302bvhydil9zmiehpn-32p4t?utm_source=openai)) - MPOC flags 2026 as a year of **firm but volatile** palm oil prices, with climate/weather risks and shifting trade rules (e.g., EU deforestation regulation) as key uncertainties. ([mpoc.org.my](https://www.mpoc.org.my/palm-oil-enters-2026-with-caution-as-weather-risks-weigh-on-output/?utm_source=openai)) **Implications for shipments via Singapore** - **Margin dynamics:** - Indonesia’s **higher 2026 levies and export duties** raise FOB origin prices and compress margins for re‑export via Singapore, particularly for straight‑through CPO/olein shipments. - Malaysia, with somewhat **lower direct fiscal burden per tonne**, could see increased **relative competitiveness** into Singapore tankage, especially for cargoes ultimately destined for India, Pakistan, and the Middle East. - **Routing and trade structure:** - Singapore’s role as a **trading, price‑discovery, and blending hub** remains underpinned by: - High export orientation of Malaysian palm oil, and - Indonesia still needing flexible outlets for surplus beyond biodiesel. ([palmpulse.squarespace.com](https://palmpulse.squarespace.com/issue-34-home/054k5a36ntni302bvhydil9zmiehpn-32p4t?utm_source=openai)) - However, as downstream processing deepens in Indonesia (encouraged by PMK 9/2026 and related levy changes), you should expect: - **More direct shipments of processed products** (RBD olein, stearin, biodiesel) from Indonesian ports to India/China/MENA, and - A **moderate relative decline in pure transit flows** (simple re‑exports) via Singapore, in favour of Singapore focusing on **multi‑origin blends, risk management, and higher‑value logistics** rather than just throughput. **Section 1 sources:** ([rri.co.id](https://rri.co.id/en/business/2224537/indonesias-cpo-reference-price-rises-222-percent-in-march-2026?utm_source=openai)) === 2. [MARKET_DYNAMICS] === (2026 Southeast Asia trade flow shifts affecting Singapore freight forwarders: electronics, agri‑food, rerouting to avoid Red Sea / canal congestion; West Africa/Asia new corridors) **Electronics‑driven trade flows through Singapore** - **NODX & NORX patterns (early 2026):** - Singapore’s **non‑oil domestic exports (NODX)** grew **4.0% y/y in Feb 2026** (down from 9.2% in Jan). Growth was **entirely electronics‑led**; non‑electronics declined. ([enterprisesg.gov.sg](https://www.enterprisesg.gov.sg/resources/media-centre/media-releases/2026/march/mr01126_singapore-external-trade-february-2026?utm_source=openai)) - Electronics NODX increased on stronger shipments of **ICs and disk media products**, while exports to the US, Indonesia, India and China fell; growth came from **South Korea, Taiwan, Hong Kong**. ([minichart.com.sg](https://www.minichart.com.sg/2026/03/18/singapore-nodx-growth-slows-in-2026-amidst-geopolitical-risks-and-strong-ai-driven-electronics-exports-1/?utm_source=openai)) - Non‑oil re‑exports (NORX) rose **11.6% y/y** in Feb 2026, driven by **40.9% growth in electronic NORX**, underscoring Singapore’s role as an electronics **trans‑shipment and consolidation hub**. ([sbr.com.sg](https://sbr.com.sg/news/nodx-4-in-february-amidst-mixed-market-trends?utm_source=openai)) - **Forward‑looking exports outlook:** - EnterpriseSG has upgraded 2026 NODX growth forecast to **2–4%** (from 0–2%), citing stronger new export orders in electronics linked to AI‑related demand and data‑center supply chains. ([businesstimes.com.sg](https://www.businesstimes.com.sg/singapore/singapores-upgrades-2026-key-exports-forecast-2-4-global-outlook-improves?utm_source=openai)) - McKinsey’s 2026 trade geometry update notes electronics (semiconductors & data‑center equipment) accounted for **around one‑third of global trade growth**, with ASEAN (including Singapore) central as a supply hub to the US and Europe. ([mckinsey.com](https://www.mckinsey.com/mgi/our-research/geopolitics-and-the-geometry-of-global-trade-2026-update?utm_source=openai)) **Agri‑food trade flows via Singapore** - McKinsey highlights **agriculture, food and beverages** as a broad‑based growth sector in trade, particularly within Europe and between Europe and Africa, but also with **rising imports from Asia (including ASEAN)**. ([mckinsey.com](https://www.mckinsey.com/mgi/our-research/geopolitics-and-the-geometry-of-global-trade-2026-update?utm_source=openai)) - For Singapore‑based forwarders, the key angle is not necessarily sheer volume growth, but the **complexity and compliance requirements** (e.g., EU deforestation rules, sustainability certifications) on **palm, cocoa, coffee, and specialty foods**, which: - Increases demand for **value‑added documentation, inspection, and chain‑of‑custody services** in Singapore. - Encourages **hub‑and‑spoke routing via Singapore** for multi‑origin agri‑food cargoes bound for Europe and North Asia, despite some direct sourcing from Indonesia/Malaysia/Vietnam. **Red Sea / canal disruption and routing implications for Singapore** - **Persistent Red Sea disruption & Cape route “new normal”:** - From late 2023 through 2025, Houthi attacks in the Red Sea pushed most Asia–Europe and some Asia–US East Coast traffic to reroute via the **Cape of Good Hope**, adding **~7–14 days** transit time and sharply raising spot rates. ([ports.marinelink.com](https://ports.marinelink.com/ports/port/montgomery/news/red-sea-crisis-continues-to-reshape-global-shipping-routes-in-2024?utm_source=openai)) - UNCTAD data show Shanghai–Europe spot container rates rose **~256%** (Dec 2023–Feb 2024) at the peak; later analyses confirm continued **capacity absorption and higher rates** into 2025. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Red_Sea_crisis?utm_source=openai)) - 2026 assessments (S&P Global) note that Red Sea‑related diversions, plus oil‑market shocks, still shape capacity and cost assumptions, with scenarios for 2026 ranging from partial Suez recovery to continued Cape dominance and elevated rates. ([spglobal.com](https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai)) - **What this means for Singapore forwarders (electronics + agri‑food):** - **Longer lead times** to Europe encourage: - **More buffer inventory** in Singapore for critical electronics and certain high‑value foodstuffs. - **Mode shifts and multimodal solutions** (e.g., sea‑air via Singapore or Gulf hubs) for urgent shipments. ([ups.com](https://www.ups.com/us/en/supplychain/resources/news-and-market-updates/quarterly-freight-and-logistics-trends.page?loc=en_US&utm_source=openai)) - For temperature‑sensitive and shelf‑life‑limited agri‑food (fresh produce, perishables, premium seafood), extended Cape routings make **direct or shorter‑leg airfreight via Singapore** more attractive for Europe/Middle East delivery. - For electronics, Singapore’s role as an **inventory and configuration hub** strengthens as OEMs seek to mitigate disruptions and maintain service levels to EMEA customers, even with longer ocean lead times. **West Africa–Asia new corridors and their relevance to Singapore** - **Trade growth and carrier network changes:** - Container Trade Statistics data (summarized via The Loadstar) indicate **Asia–West Africa container trade grew >30% y/y in 2025**, making it the **fastest‑growing global corridor** that year. ([theloadstar.com](https://theloadstar.com/cma-cgm-and-maersk-double-down-on-asia-west-africa-services/?utm_source=openai)) - In response, **Maersk and CMA CGM** are reorganizing joint Far East–West Africa coverage. A February 2026 CMA CGM advisory details the 2026 structure: - **WAX1:** Qingdao – Ningbo – Nansha – Shekou – **Singapore** – Colombo – Abidjan – Lekki – Kribi – Colombo – Vung Tau. - **WAX2:** Qingdao – Ningbo – Nansha – Tanjung Pelepas – Tema – Abidjan – Pointe‑Noire – Tanjung Pelepas. - **WAX3:** **Singapore – Tanjung Pelepas – Lomé – Apapa – Onne – Cotonou** (rotation unchanged). ([cma-cgm.com](https://www.cma-cgm.com/assets/public/documents/CMA%20CGM%20BUSINESS%20NEWS%20-%20ASIA%20WAF%20SERVICES%20UPDATE.pdf?utm_source=openai)) - **Implications: Singapore as a West‑Africa relay hub** - The explicit inclusion of **Singapore in WAX1 and WAX3** cements its role as: - A **load centre for Asia‑origin cargo** (electronics, FMCG, some processed foods) bound for West Africa. - A **relay point for agri‑food and soft commodities** moving the opposite direction (cocoa, cashew, coffee, tropical fruits, and some palm‑linked products) toward Asian processors and traders. - For Singapore‑based freight forwarders and NVOCCs, this creates: - Opportunities to build **triangular flows** (e.g., China/Vietnam → Singapore → West Africa; West Africa → Singapore → India/China/ASEAN). - Added demand for **consolidation, de‑consolidation, and cross‑docking services**, particularly for **agri‑food inputs** (cocoa, cashews) feeding Asian processing clusters. **Section 2 sources:** ([enterprisesg.gov.sg](https://www.enterprisesg.gov.sg/resources/media-centre/media-releases/2026/march/mr01126_singapore-external-trade-february-2026?utm_source=openai)) === 3. [DEMAND SIGNALS] === (Container and airfreight rate trends 2026: Singapore–Europe/US and intra‑ASEAN; equipment shortages, blank sailings, air cargo demand) **Ocean container rate trends (2026)** - **Global benchmarks (Drewry WCI):** - Late Feb 2026, Drewry’s World Container Index averaged **US$1,899 per FEU**, down 1% w/w, reflecting softening on Trans‑Pacific and Asia–Europe routes. ([drewry.co.uk](https://www.drewry.co.uk/wci?utm_source=openai)) - Shanghai–Rotterdam spot was **US$2,094/FEU**; Shanghai–Genoa **US$2,826/FEU**, signalling still‑elevated but easing Asia–Europe rates versus 2024–25 peaks. ([drewry.co.uk](https://www.drewry.co.uk/wci?utm_source=openai)) - **Asia–US (proxy for Singapore–US):** - By mid‑April 2026, Asia–US West Coast rates were reported at **US$2,810/FEU**, **21% lower** than at the start of 2026. ([valuechainasia.com](https://valuechainasia.com/articles/logistics/trans-pacific-container-rates-2026-asia-exporters?utm_source=openai)) - The rate decline reflects unwinding of 2025 “front‑loading” by US importers and weak spot demand; blank sailings are being used to manage overcapacity. ([valuechainasia.com](https://valuechainasia.com/articles/logistics/trans-pacific-container-rates-2026-asia-exporters?utm_source=openai)) - For Singapore–US flows (especially on **Gemini/Ocean Alliance East–West networks**), these benchmarks imply: - **Lower all‑in ocean rates** vs 2024–early 2025 highs, - But still vulnerability to surcharges/GRIs on any renewed Red Sea or Panama disruptions. - **Asia–Europe (via Singapore–Europe):** - Rates remain structurally supported by Cape diversions. Earlier assessments documented **2–3x increases** in Shanghai–Europe rates during the first Red Sea crisis wave; 2026 scenarios from S&P Global still treat Red Sea risk as a **key upside factor for Asia–Europe rates** even as base‑case expects some easing. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Red_Sea_crisis?utm_source=openai)) - For Singapore‑origin cargo, expect **Asia–Europe contract rates in 2026** to stabilize somewhere **above 2019–2020 levels but below the 2021/Red‑Sea peaks**, with substantial differentiation by service (direct vs relay) and by risk surcharges. - **Intra‑Asia / intra‑ASEAN:** - Intra‑Asia capacity has been expanded to absorb diverted tonnage and meet strong regional trade growth; DHL Trade Atlas notes **intra‑Asia now accounts for >50% of Asia’s total trade**, with corridors such as **Thailand–Malaysia–Singapore** particularly strong. ([dhl.com](https://www.dhl.com/discover/en-sg/logistics-advice/logistics-insights/asia-trade-growth?utm_source=openai)) - This, plus weaker long‑haul demand, has kept **intra‑ASEAN container rates relatively more competitive** in early 2026, although tight vessel deployment during peak Red Sea disruptions did generate localized **equipment imbalances and higher feeder rates**. **Equipment shortages & blank sailings** - **Equipment and schedule reliability:** - The first phase of the Red Sea crisis and Cape diversions led to **significant equipment shortages** in Asia in 2024–25, especially around Lunar New Year, as containers were “stuck in the wrong locations.” ([lot.dhl.com](https://lot.dhl.com/container-shipping-turned-upside-down-by-red-sea-crisis/?utm_source=openai)) - By early 2026, S&P Global and carrier commentary indicate that while **equipment positioning has improved**, effective capacity is still constrained by: - Longer voyage times on some loops, - **War‑risk and detour surcharges**, and - **Opportunistic blank sailings** to support rates. ([spglobal.com](https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai)) - **Blank sailings as demand signal:** - Drewry noted **9 blank sailings** announced in a single upcoming week (late Feb 2026) across Trans‑Pacific East and West Coast, as factories ramped back post‑CNY but demand remained soft. ([drewry.co.uk](https://www.drewry.co.uk/wci?utm_source=openai)) - On Trans‑Pacific, current blank sailings are described as **rate‑supportive capacity management**, rather than purely disruption‑driven, signalling that carriers still see **structural oversupply** on some east‑west trades. ([valuechainasia.com](https://valuechainasia.com/articles/logistics/trans-pacific-container-rates-2026-asia-exporters?utm_source=openai)) - For Singapore forwarders, this translates into: - **Higher schedule‑reliability risk** and need for **multi‑carrier options**, - Ongoing **booking roll‑over risk** around CNY, Golden Week, and major demand spikes. **Airfreight trends (Singapore–Europe/US, intra‑Asia) and uplift demand** - **Global air cargo demand & regional growth:** - UPS Q1 2026 trends show **global air cargo demand up ~6% YoY in 4Q 2025**, with December up **7% YoY**. - **Intra‑Asia** led growth at **+15.8%**, while EU–Asia was +11.7%, Middle East–Asia +11.1%, and Asia–North America returned to positive growth at +1.8%. ([ups.com](https://www.ups.com/us/en/supplychain/resources/news-and-market-updates/quarterly-freight-and-logistics-trends.page?loc=en_US&utm_source=openai)) - The acceleration is closely linked to: - E‑commerce flows, - High‑value electronics (semiconductors, data‑center hardware), and - Modal shift from sea to air on some lanes due to **Red Sea and canal disruptions**. - **Singapore air cargo hub position:** - Changi handled **2.08 million tonnes of air freight in 2025**, remaining one of the world’s busiest cargo airports. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Changi_Airport?utm_source=openai)) - Given 2025–26 global demand trends, this volume is likely at or above pre‑COVID/2020 levels, with **strong growth in intra‑Asia and Asia–Europe flows** routed via Singapore. - **Rate and capacity environment (2026):** - UPS and other market commentaries describe **tight but improving capacity** in early 2026, with: - **Higher yields vs 2019** but below COVID‑era peaks, - Strong spot demand for **Europe‑bound and Middle East‑bound uplift** when Red Sea‑related ocean delays spike. ([ups.com](https://www.ups.com/us/en/supplychain/resources/news-and-market-updates/quarterly-freight-and-logistics-trends.page?loc=en_US&utm_source=openai)) - For Singapore–Europe and Singapore–US: - Electronics and time‑sensitive pharma/food continue to support **structurally higher base volumes**. - Rate volatility is driven by **episodic ocean disruptions** and macro shocks (e.g., 2026 oil‑price swings tied to Middle East tensions). ([en.wikipedia.org](https://www.en.wikipedia.org/wiki/2026%E2%80%932028_world_oil_market_chronology?utm_source=openai)) **Key 2026 demand signals for Singapore‑based forwarders** - **Moderating but still “elevated” ocean freight costs** on Europe‑bound routes, with **cheaper Trans‑Pacific** creating incentives for some US importers to **shift sourcing and routings** (potentially via US West Coast + rail instead of Suez/Panama‑linked routes). ([valuechainasia.com](https://valuechainasia.com/articles/logistics/trans-pacific-container-rates-2026-asia-exporters?utm_source=openai)) - **Normalizing equipment availability** compared with 2024–25, but ongoing **blank sailings and schedule volatility** require more buffer times and diversified carrier mix. ([drewry.co.uk](https://www.drewry.co.uk/wci?utm_source=openai)) - **Strong air cargo demand growth, especially intra‑Asia and to Europe**, underpinned by: - AI‑ and data‑center‑related electronics, - E‑commerce small parcels, and - Mode shifts away from disrupted sea lanes. ([ups.com](https://www.ups.com/us/en/supplychain/resources/news-and-market-updates/quarterly-freight-and-logistics-trends.page?loc=en_US&utm_source=openai)) **Section 3 sources:** ([drewry.co.uk](https://www.drewry.co.uk/wci?utm_source=openai)) Sources: • Indonesia’s CPO Reference Price Rises 2.22 Percent in March 2026 - RRI.co.id https://rri.co.id/en/business/2224537/indonesias-cpo-reference-price-rises-222-percent-in-march-2026?utm_source=openai • Government Increases Export Service Tariffs on 24 CPO Commodities https://muc.co.id/en/article/government-increases-export-service-tariffs-on-24-cpo-commodities?utm_source=openai • Peraturan Menteri Keuangan Nomor 9 Tahun 2026 Atur Ulang Tarif Pungutan Ekspor Kelapa Sawit dan Produk Turunannya https://www.veritask.ai/id/artikel/peraturan-menteri-keuangan-nomor-9-tahun-2026-atur-ulang-tarif-pungutan-ekspor-kelapa-sawit-dan-produk-turunannya?utm_source=openai • Voluntary Report – Voluntary - Public Distribution https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Indonesia+Simplifies+Palm+Oil+Export+Levies+in+Response+to+Decreasing+CPO+Exports+_Jakarta_Indonesia_ID2024-0025&utm_source=openai • BERNAMA - CPO FUTURES END LOWER ON CONCERNS OVER RISING OUTPUT https://web11.bernama.com/en/news.php?id=2520664&utm_source=openai • Analysis on March 2026: CPO to Consolidate at RM4,000–RM4,300, on Firm Soybean Oil Prices — PalmPulse https://palmpulse.squarespace.com/issue-34-home/054k5a36ntni302bvhydil9zmiehpn-32p4t?utm_source=openai • BERNAMA - CPO Prices Seen Averaging At RM4,100 Per Tonne In 2026 – Maybank IB https://www.bernama.com/en/news.php?id=2511543&utm_source=openai • BERNAMA - CPO Prices Seen Averaging RM4,100-RM4,200 Per Tonne In 2026 https://bernama.com/en/news.php/crime_courts/target%3D%27_blank%27?id=2533014&utm_source=openai • Stable medium-term outlook for CPO prices | The Star https://www.thestar.com.my/business/business-news/2026/01/14/stablemedium-term-outlookfor-cpo-prices?utm_source=openai • BERNAMA - BMI Maintains Average Annual Palm Oil Price For 2026 At RM4,300 Per Tonne https://www.bernama.com/en/news.php?id=2547327&utm_source=openai • Analysis on March 2026: CPO to Consolidate at RM4,000–4,300, on Firm Soybean Oil Prices — PalmPulse https://palmpulse.squarespace.com/issue-34-home/054k5a36ntni302bvhydil9zmiehpn-32p4t?utm_source=openai • Palm Oil Enters 2026 with Caution as Weather Risks Weigh on Output – MPOC https://www.mpoc.org.my/palm-oil-enters-2026-with-caution-as-weather-risks-weigh-on-output/?utm_source=openai • Analysis on March 2026: CPO to Consolidate at RM4,000–RM4,300, on Firm Soybean Oil Prices — PalmPulse https://palmpulse.squarespace.com/issue-34-home/054k5a36ntni302bvhydil9zmiehpn-32p4t?utm_source=openai • Indonesia’s CPO Reference Price Rises 2.22 Percent in March 2026 - RRI.co.id https://rri.co.id/en/business/2224537/indonesias-cpo-reference-price-rises-222-percent-in-march-2026?utm_source=openai • Singapore's External Trade – February 2026 https://www.enterprisesg.gov.sg/resources/media-centre/media-releases/2026/march/mr01126_singapore-external-trade-february-2026?utm_source=openai • Singapore NODX Growth Slows in 2026 Amid Geopolitical Risks and Strong AI-Driven Electronics Exports 1 – Minichart https://www.minichart.com.sg/2026/03/18/singapore-nodx-growth-slows-in-2026-amidst-geopolitical-risks-and-strong-ai-driven-electronics-exports-1/?utm_source=openai • NODX up 4% in February amidst mixed market trends | Singapore Business Review https://sbr.com.sg/news/nodx-4-in-february-amidst-mixed-market-trends?utm_source=openai • Singapore upgrades 2026 key exports growth forecast to 2-4% as global outlook improves - The Business Times https://www.businesstimes.com.sg/singapore/singapores-upgrades-2026-key-exports-forecast-2-4-global-outlook-improves?utm_source=openai • The future of global trade in 2026 | McKinsey https://www.mckinsey.com/mgi/our-research/geopolitics-and-the-geometry-of-global-trade-2026-update?utm_source=openai • The future of global trade in 2026 | McKinsey https://www.mckinsey.com/mgi/our-research/geopolitics-and-the-geometry-of-global-trade-2026-update?utm_source=openai • Red Sea Crisis Continues to Reshape Global Shipping Routes in 2024 - Ports Directory https://ports.marinelink.com/ports/port/montgomery/news/red-sea-crisis-continues-to-reshape-global-shipping-routes-in-2024?utm_source=openai • Red Sea crisis https://en.wikipedia.org/wiki/Red_Sea_crisis?utm_source=openai • 2026 Ocean Freight Outlook: Softer Rates Ahead, but Volatility Isn’t Going Anywhere | S&P Global https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai)