# Malaysia’s palm oil stocks could hit 3-1/2-year high as Indonesia boosts exports - Markets - Business Recorder

> Malaysia's Palm Oil Board said its palm oil stocks could reach 2.5 million tonnes by end-December 2022, the highest since April 2019, as Indonesia waives export levies to clear its stockpiles. Malaysian stocks already hit a 33-month high at the end of August.

- Date: 2022-09-22 · published 2022-09-22T12:00:00.000Z
- Category: trade · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15791-malaysia-s-palm-oil-stocks-could-hit-3-1-2-year-high-as-indonesia-boosts
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Indonesian producers selling stock at cheaper prices are likely to take share from Malaysian exports, building Malaysian inventories and pressuring palm oil prices. Possible extension of Indonesia's policy would prolong this pressure.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-06-01 | [Palm oil eases as Indonesia gears up to resume exports - Markets - Business Recorder](https://feedsoft.ai/events/41053-palm-oil-eases-as-indonesia-gears-up-to-resume-exports-markets-business-recorder.md) | +0.7% | -13.0% |
| PALMOIL | 2021-05-31 | [Palm oil falls 2pc as export pace slows, Indonesia taxes weigh - Markets - Business Recorder](https://feedsoft.ai/events/46982-palm-oil-falls-2pc-as-export-pace-slows-indonesia-taxes-weigh-markets-business.md) | -2.0% | -12.6% |
| PALMOIL | 2022-05-30 | [Palm oil extends losses as uncertainty over Indonesia exports weighs - Markets - Business Recorder](https://feedsoft.ai/events/41500-palm-oil-extends-losses-as-uncertainty-over-indonesia-exports-weighs-markets.md) | +0.0% | -13.0% |
| PALMOIL | 2020-10-16 | [Palm oil clocks 1.4pc weekly fall as exports decline - Markets - Business Recorder](https://feedsoft.ai/events/50741-palm-oil-clocks-1-4pc-weekly-fall-as-exports-decline-markets-business-recorder.md) | +0.6% | +14.1% |
| PALMOIL | 2025-04-08 | [Malaysian palm oil extends losses - Markets - Business Recorder](https://feedsoft.ai/events/9625-malaysian-palm-oil-extends-losses-markets-business-recorder.md) | +0.7% | -4.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40198990

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