Loading…
Malaysia raised its September crude palm oil reference price and lifted the export duty to 10%. The reference price sets the base for export duties and is updated monthly.
A higher Malaysian export duty raises the cost of exporting palm oil and supports Malaysian-origin palm oil prices relative to alternatives.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.