# Palm Oil News - Malaysia Runs Cheaper CPO Export Tariff

> Malaysian palm oil exports fell 12% month on month to 1.418 million tons in October 2021, slightly better than forecast. Analysts expect Malaysian exports to rise in November because Malaysia's export duty is lower than Indonesia's, after Indonesia set a November CPO reference price of US$1,283.38/ton and an export tax of US$200/ton.

- Date: 2021-11-13 · published 2021-11-13T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/15866-palm-oil-news-malaysia-runs-cheaper-cpo-export-tariff
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A lower Malaysian duty relative to Indonesia can shift export business toward Malaysia and affect regional palm oil trade flows. The effect on global palm oil prices is limited.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-08-07 | [Malaysia forecasts 3.6% rise in palm oil exports in 2017 – Customs Today Newspaper](https://feedsoft.ai/events/69320-malaysia-forecasts-3-6-rise-in-palm-oil-exports-in-2017-customs-today-newspaper.md) | +1.6% | +4.0% |
| 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 | 2024-08-28 | [Not Indonesia: Indomie Factory in Nigeria Favors Cheaper Malaysian Palm Oil](https://feedsoft.ai/events/15628-not-indonesia-indomie-factory-in-nigeria-favors-cheaper-malaysian-palm-oil.md) | +3.8% | +7.2% |
| PALMOIL | 2018-10-02 | [Palm Oil News - The Trade Run Well but Did not Make the CPO Price Better](https://feedsoft.ai/events/7624-palm-oil-news-the-trade-run-well-but-did-not-make-the-cpo-price-better.md) | +1.2% | +1.6% |
| PALMOIL | 2017-04-23 | [Indonesia, Malaysia expected to decide global CPO price - ANTARA News](https://feedsoft.ai/events/71607-indonesia-malaysia-expected-to-decide-global-cpo-price-antara-news.md) | -0.1% | +3.8% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/9094/malaysia-runs-cheaper-cpo-export-tariff

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