2026.06.01 India Adjusts Gasoline Export Duty to 1.5 Rupees Per Liter from June

India Adjusts Gasoline Export Duty to 1.5 Rupees Per Liter from June

The Indian government has announced that starting June 1, the export duty on gasoline will be set at 1.5 rupees per liter. This adjustment is effective for a two-week period, with the country's fuel export tax being reassessed every fortnight based on international oil prices. The new rule applies only to exports, leaving domestic fuel tax rates unchanged. This policy will directly impact the external trade market for refined oil products, potentially affecting supply chains and pricing for cross-border sellers operating in the region.

Malaysia's May Palm Oil Exports Decline 8.8% Year-on-Year

Data shows that Malaysia's total palm oil exports in May reached 1,280,897 tons, marking an 8.8% decrease from the previous period. As a major global producer and exporter of palm oil, this decline will influence international edible oil market supply-demand dynamics and price trends. The drop is attributed to a combination of factors, including weak overseas demand, logistics challenges, and market conditions. Cross-border sellers in the edible oil or related FMCG sectors should monitor these shifts for potential supply cost impacts.

SF Express and Vietnam Post Sign Agreement to Build Digital Cross-Border Logistics Ecosystem

SF Technology, SF Vietnam, and Vietnam Post have signed a memorandum of cooperation to integrate SF's AI supply chain capabilities into Vietnam Post's digital transformation. The three parties will jointly build a China-Vietnam "air-to-ground" cross-border logistics network, customize trade route solutions, and streamline last-mile delivery. Projects include full-chain AI optimization, smart warehousing, and low-altitude drone management, aiming to boost Vietnam Post's operational efficiency and offer cross-border sellers faster, more reliable fulfillment options.

India Temporarily Lifts Cotton Import Duty; Textile Stocks Surge

India has announced a temporary suspension of cotton import duties, effective Monday and lasting until October 31, to increase raw material supply for the textile industry. Following the announcement, textile manufacturers saw stock surges: Vardhman Textiles rose up to 7.8%, Trident gained 5.7%, Welspun Living climbed 5.8%, KPR Mill jumped 4.4%, and Kitex Garments rose 3.5%. For cross-border sellers in apparel and textiles, this tariff relief could lower production costs and improve margin opportunities in the near term.