# Malaysia's 2025 budget promotes palm waste SAF | Latest Market News

> Malaysia's 2025 budget introduced higher progressive crude palm oil export duties from 1 November, rising to 10% above 4,050 ringgit/t. It also raised the windfall levy thresholds and announced a Petronas programme with palm producers to develop palm waste-based sustainable aviation fuel.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15659-malaysia-s-2025-budget-promotes-palm-waste-saf-latest-market-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher export duties give exporters an incentive to cut domestic bids to stay below tax triggers, which weighs on palm prices. Shifting supply toward domestic value-added products such as biodiesel and SAF also reduces export availability.

## 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 | 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 | 2025-01-02 | [Palm oil ends lower after news on Indonesia’s B40 delay - Markets - Business Recorder](https://feedsoft.ai/events/5046-palm-oil-ends-lower-after-news-on-indonesia-s-b40-delay-markets-business.md) | -10.6% | -10.3% |
| PALMOIL | 2025-02-24 | [Malaysia rules out raising palm oil's biodiesel blend to 20%](https://feedsoft.ai/events/15583-malaysia-rules-out-raising-palm-oil-s-biodiesel-blend-to-20.md) | -0.7% | -2.4% |
| PALMOIL | 2017-01-10 | [Malaysia sees average 2017 palm price well below current levels \| Reuters](https://feedsoft.ai/events/73065-malaysia-sees-average-2017-palm-price-well-below-current-levels-reuters.md) | +0.9% | -0.1% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2620089-malaysia-s-2025-budget-promotes-palm-waste-saf

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