# SunSirs: Diverging Palm Oil Inventories in Malaysia and Indonesia, the Two Major Producing Countries

> Malaysian palm oil inventories have risen to their highest level in nearly five years, while Indonesian stocks have fallen to low levels. Indonesia's stepwise export tax changes and strong biodiesel demand drove the divergence.

- Date: 2026-02-03 · published 2026-02-03T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15496-sunsirs-diverging-palm-oil-inventories-in-malaysia-and-indonesia-the-two-major
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tight Indonesian stocks support prices, but the heavy Malaysian overhang weighs on the market, so the net direction for world palm oil prices is unclear.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-06-23 | [Indonesia palm oil export curbs: An open door for Malaysia?](https://feedsoft.ai/events/15465-indonesia-palm-oil-export-curbs-an-open-door-for-malaysia.md) | -0.2% | -0.2% |
| PALMOIL | 2024-12-16 | [RHB: Indonesia's Tax Changes Could Weaken Malaysia's Palm Oil Edge](https://feedsoft.ai/events/15599-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge.md) | -3.8% | -12.2% |
| PALMOIL | 2019-05-27 | [Malaysia, Indonesia to talk on retaliatory moves for palm oil](https://feedsoft.ai/events/58959-malaysia-indonesia-to-talk-on-retaliatory-moves-for-palm-oil.md) | -0.1% | -0.3% |
| PALMOIL | 2019-07-30 | [Malaysia to replace Indonesia as top palm oil supplier to India \| FMT](https://feedsoft.ai/events/6471-malaysia-to-replace-indonesia-as-top-palm-oil-supplier-to-india-fmt.md) | +4.2% | +8.6% |
| PALMOIL | 2018-01-31 | [Palm Oil News - Cess of Malaysia is Different from CSF of Indonesia](https://feedsoft.ai/events/66870-palm-oil-news-cess-of-malaysia-is-different-from-csf-of-indonesia.md) | -1.3% | +0.1% |

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-30307.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.