# RHB: Indonesia's tax changes could weaken Malaysia's palm oil edge

> RHB analysts say Indonesia's tax changes on palm oil could erode Malaysia's competitive edge in export markets. The note follows Indonesia's revised levy structure that lowers duties on palm products. The article page is dominated by unrelated national news headlines.

- Date: 2024-09-23 · published 2024-09-23T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15618-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A weaker Malaysian export position could shift buyer demand toward Indonesian palm oil and weigh on Malaysian benchmark prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-09-14 | [Changes in India’s import duty affects Malaysia palm oil market \| Malay Mail](https://feedsoft.ai/events/68832-changes-in-india-s-import-duty-affects-malaysia-palm-oil-market-malay-mail.md) | -1.6% | -5.3% |
| PALMOIL | 2017-04-12 | [Indonesia, Malaysia launch efforts to counter EU palm oil resolution](https://feedsoft.ai/events/71386-indonesia-malaysia-launch-efforts-to-counter-eu-palm-oil-resolution.md) | -2.5% | +1.6% |
| PALMOIL | 2018-06-14 | [EU new palm oil rule seen to be setting up clash with Malaysia, Indonesia](https://feedsoft.ai/events/64410-eu-new-palm-oil-rule-seen-to-be-setting-up-clash-with-malaysia-indonesia.md) | -1.2% | -6.6% |
| PALMOIL | 2019-04-09 | [Indonesia, Malaysia send letter protesting EU palm oil curbs](https://feedsoft.ai/events/59471-indonesia-malaysia-send-letter-protesting-eu-palm-oil-curbs.md) | -1.9% | -8.4% |
| PALMOIL | 2016-12-04 | [Palm Oil News - EU: German Should not Import Palm oil from Malaysia and Indonesia](https://feedsoft.ai/events/73509-palm-oil-news-eu-german-should-not-import-palm-oil-from-malaysia-and-indonesia.md) | +0.8% | +1.9% |

## Sources

- nst.com.my: https://www.nst.com.my/business/economy/2024/09/1109410/rhb-indonesias-tax-changes-could-weaken-malaysias-palm-oil-edge

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