# Palm prices end higher due to Indonesia's increased levy and weak Malaysian production

> Malaysian palm oil futures closed higher after Indonesia reaffirmed plans to raise its palm oil export tax. Malaysian export data for early March showed declines of 7.5% to 10.1%, which limited gains.

- Date: 2025-03-19 · published 2025-03-19T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15576-palm-prices-end-higher-due-to-indonesia-s-increased-levy-and-weak-malaysian
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expected Indonesian export levy increases support palm prices, while weaker Malaysian exports partly offset that support.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-11-07 | [Indonesia confident palm oil production can be increased to meet biofuel demand \| Reuters](https://feedsoft.ai/events/8037-indonesia-confident-palm-oil-production-can-be-increased-to-meet-biofuel-demand.md) | +0.4% | +1.8% |
| PALMOIL | 2023-02-09 | [Indonesia, Malaysia to send palm oil envoys to EU over deforestation law](https://feedsoft.ai/events/37353-indonesia-malaysia-to-send-palm-oil-envoys-to-eu-over-deforestation-law.md) | -2.2% | +0.6% |
| PALMOIL | 2023-06-30 | [Palm rises on higher Indonesian export levy, weak ringgit - Markets - Business Recorder](https://feedsoft.ai/events/6549-palm-rises-on-higher-indonesian-export-levy-weak-ringgit-markets-business.md) | +8.5% | +13.1% |
| PALMOIL | 2022-11-09 | [Indonesia to Boost Biodiesel Production With Palm Oil Considering High Crude Oil Prices](https://feedsoft.ai/events/15778-indonesia-to-boost-biodiesel-production-with-palm-oil-considering-high-crude.md) | -2.9% | -1.6% |
| PALMOIL | 2026-03-02 | [Indonesian higher palm oil export levies come into effect and…](https://feedsoft.ai/events/15483-indonesian-higher-palm-oil-export-levies-come-into-effect-and.md) | +5.0% | +8.4% |

## Sources

- worldenergynews.com: https://www.worldenergynews.com/news/palm-prices-end-higher-due-indonesia-increased-759127

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