# Indonesia and Malaysia agree to fight "discrimination" against palm oil | Reuters

> Indonesia and Malaysia agreed to jointly oppose discrimination against palm oil, and signed eight memorandums of understanding covering shipping, export-import financing, green energy and battery industry development. The meeting was between Malaysian leader Anwar and Indonesian President Jokowi.

- Date: 2023-01-09 · published 2023-01-09T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15767-indonesia-and-malaysia-agree-to-fight-discrimination-against-palm-oil-reuters
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Closer bilateral cooperation on palm oil trade may ease market friction, with limited immediate price impact on palm oil supply.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-05-31 | [Palm oil exports from Indonesia and Malaysia fell](https://feedsoft.ai/events/65117-palm-oil-exports-from-indonesia-and-malaysia-fell.md) | -1.1% | -4.5% |
| PALMOIL | 2017-03-16 | [Malaysia, Indonesia to collaborate against EU resolution on sustainable palm oil \| MLex \| Specialist news and analysis on legal risk and regulation](https://feedsoft.ai/events/72021-malaysia-indonesia-to-collaborate-against-eu-resolution-on-sustainable-palm-oil.md) | +0.2% | -7.0% |
| PALMOIL | 2018-02-09 | [Malaysia, Importers Move Against Nigeria’s Palm Oil Market \| Investors King](https://feedsoft.ai/events/66373-malaysia-importers-move-against-nigeria-s-palm-oil-market-investors-king.md) | +0.8% | -3.5% |
| PALMOIL | 2022-07-24 | [Malaysia's palm oil demand to sustain despite Indonesia's export levy waive - Zuraida](https://feedsoft.ai/events/15808-malaysia-s-palm-oil-demand-to-sustain-despite-indonesia-s-export-levy-waive.md) | +1.3% | +3.7% |
| PALMOIL | 2020-03-12 | [Laman Web Rasmi KPK - PALM OIL: Malaysia won’t see huge jump from India’s termination of palm oil duty](https://feedsoft.ai/events/54233-laman-web-rasmi-kpk-palm-oil-malaysia-won-t-see-huge-jump-from-india-s.md) | -4.4% | -4.8% |

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/indonesia-agrees-work-with-malaysia-fight-discrimination-against-palm-oil-2023-01-09/

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