# CPO export duty rates revised to ensure domestic supply, says finance ministry | FMT

> Malaysia's finance ministry revised crude palm oil export duty rates in the Budget 2025 appendix, effective November 1, 2024. The duty starts at 0 percent for prices at or below RM2,250 per tonne and rises to 10 percent above RM4,050. The ministry said the revision is intended to ensure adequate domestic supply and to boost downstream processing into biodiesel and oleochemicals.

- Date: 2024-10-18 · published 2024-10-18T12:00:00.000Z
- Category: policy · region Malaysia · magnitude high
- Page: https://feedsoft.ai/events/15614-cpo-export-duty-rates-revised-to-ensure-domestic-supply-says-finance-ministry
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A steeper export duty schedule limits Malaysian crude palm oil exports and keeps more supply at home, which tends to pressure the international palm oil price. Higher downstream output may also shift trade toward refined palm products.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-08-02 | [PORAM: Review Malaysia's CPO export duties to level playing field with Indonesia](https://feedsoft.ai/events/63400-poram-review-malaysia-s-cpo-export-duties-to-level-playing-field-with-indonesia.md) | +1.2% | -0.2% |
| PALMOIL | 2026-01-01 | [The Ministry of Trade Says the Demand Decline Caused CPO Prices to Weaken](https://feedsoft.ai/events/21162-the-ministry-of-trade-says-the-demand-decline-caused-cpo-prices-to-weaken.md) | +0.6% | +3.1% |
| PALMOIL | 2024-10-22 | [Higher CPO export tax to encourage local downstream refining, says Johari Ghani](https://feedsoft.ai/events/15612-higher-cpo-export-tax-to-encourage-local-downstream-refining-says-johari-ghani.md) | +1.2% | +11.5% |
| PALMOIL | 2025-06-26 | [Malaysia cuts July palm oil reference price, export duty falls to 8.5pct](https://feedsoft.ai/events/15552-malaysia-cuts-july-palm-oil-reference-price-export-duty-falls-to-8-5pct.md) | +2.8% | +6.1% |
| PALMOIL | 2017-06-16 | [Malaysia to raise CPO export tax next month \| The Star](https://feedsoft.ai/events/70365-malaysia-to-raise-cpo-export-tax-next-month-the-star.md) | -1.1% | +2.2% |

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2024/10/18/cpo-export-duty-rates-revised-to-ensure-domestic-supply-says-finance-ministry

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